Word: biddinger
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Buckley said the University will then decide whether to accept the estimate and begin construction or whether to open bidding with other contractors.
An internal conflict? Not on this score, Darman insists. He has described himself as "a long-term idealist and a short-term realist." Now, in an introspective moment, he adds, "That's the most important short thing I've ever said about myself." Realism, of course, often serves as a...
MOST BODACIOUS BIDDER RJR Nabisco chief Ross Johnson and some colleagues offered to buy out the company for $17.6 billion in a deal that could have netted Johnson $100 million. The bidding eventually hit $25 billion, but RJR directors rebuked Johnson and awarded the company to the Manhattan buyout firm...
The frenzied bidding has gone so high that many serious collectors and museums on tight budgets are being priced out of the market. But no ceiling is in sight. Says Richard Feigen, a Manhattan art dealer: "Investors have converted art into a financial instrument. The process isn't going to...
The most disappointed loser in the fierce three-way bidding war: CBS, which was considered the favorite after spending $243 million for the rights to the 1992 Winter Games in Albertville, France. As for ABC, it has now been shut out of three straight Olympics. NBC's winning bid exceeded...