Word: bidding
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
McSweeney says he objects to the process which distributes votes among remaining candidates after others have met their quota. Although McSweeney finished in tenth place in his 1993 council bid, he was not appointed to fill the vacancy created by Walsh's removal from the council because more transfer votes went to Galluccio during the recount...
...selection committee takes into account head-to-head competition, results against common opponents, results against teams already selected for the tournament and results against non-league opponents. Unlike the men's 32-team tournament, where several league champions including the Ivy's get an automatic bid, no women's team is guaranteed a slot in the 24-team tournament...
Cornell coach Randy May, cited Harvard's weakness of schedule, particularly within the Ivy League, as a major factor in the decision. Cornell was second in the league and tied Harvard 0-0 midway through the season. The Big Red also did not get a bid...
...Tiffany coup with Saks is that the $1.6 billion purchase price was $200 million to $300 million too high, according to several sources, including a former Investcorp executive with direct knowledge of the deal. "Kirdar wanted it badly," recalls this source, "and he said, 'Let's just do a bid that'll knock everybody out.'" During the two years after the takeover, Saks reportedly lost $398 million, and Investcorp and its clients were forced to invest an additional $300 million in the company. More than five years have passed, and there has been no public offering. Investcorp says Saks...
...always play straight. When Investcorp took over the Circle K convenience-store chain in 1993, it did so through a vehicle called CK Acquisitions. That shell company has now been sued by rival bidders for allegedly making false statements to a bankruptcy-court judge who had to approve the bid. The complaint alleges that CK Acquisitions failed to disclose that Circle K management would own stock in the retailer after the takeover. (That was an important point because it could help explain why management endorsed the offer.) The plaintiffs are seeking $30 million in actual damages and $200 million...