| GENE SIMMONS Says He Was Blown Away By Success Of Dinner Auction ...
A&E network has announced its "Gene Simmons Family Jewels" charity auction raised a notable $76,770 for the Elizabeth Glaser Pediatric AIDS Foundation. Fans and supporters alike flocked to the auction from March 25 to April 4 to bid on a dinner with Gene Simmons and Shannon Tweed, stars of the hit A&E television series "Gene Simmons Family Jewels" — making it the most watched item on eBay for the duration of the auction.
The auctioned VIP dinner drew over 200,000 unique visitors during the duration of the online auction. The winning bid of $75,100 was placed by Richard Craven of the U.K., who will enjoy a weekend of rock star treatment with three guests in Los Angeles. The package includes round trip air fare, two nights stay in deluxe accommodations, and the main attraction — an exclusive dinner with Gene and Shannon.
Buy and Sell Items Online at Finditt Auctions, the Featured Company on
Buy and sell items online at Finditt Auctions, the online auction site that is appearing as the Featured Company on TransWorldNews.ca. Finditt Auctions is the newest online marketplace to the world. The popularity of auction sites and the traffic generated from Finditt.com provide a perfect environment for buyers and sellers. Buyers have the advantage of being part of an international marketplace, while sellers are provided a global customer. After a product is listed in the Finditt Auction people can bid the same way they do on Ebay, Ubid and other auction sites. Finditt Auctions has created an environment that provides a free store with no monthly fees for individuals selling products. Along with a free auction store and no monthly fees, Finditt Auctions is offering Free Listings for a limited time.
Go Shopping Via Reverse Auctions
I've found myself in an interesting and illuminating loop lately. In February, I wrote an article offering some money-saving shopping tips. Good enough, right? Well, I quickly heard from some folks who offered me additional advice, especially about where to find great discounts and coupons online. So I then wrote about how to be a smart online shopper. And then -- you guessed it -- I heard from more folks. So here's my next installment, this time focused on ... (drumroll) reverse auctions. With traditional auctions, such as you'll find at eBay (Nasdaq: EBAY), buyers bid on items, driving up the price until no one wants to bid anymore or the time runs out. With reverse auctions, an item's price starts out high, and then drops -- until someone buys it, ideally. This is similar to the "Dutch auction" concept, which Google (Nasdaq: GOOG) used for its IPO.
Lehman Bros confident it will prevail
Lehman Brothers is confident that it will be exonerated from charges of colluding to evade tax by citing official guidelines allowing it to set up Global Thai Property Fund. The US financial house yesterday met with the Department of Special Investigation (DSI) to submit documentary evidence, a source said. The package included the directive from the Financial Sector Restructuring Authority (FRA) giving winners of auctions for the assets of the now-defunct 56 finance companies a month to establish a property fund to manage the assets, he said. The DSI will contact Lehman Brothers about its decision at the beginning of June, he said. Lehman Brothers had signed a purchase agreement with the FRA within seven days of winning the bidding, as required by the FRA, the source added.
KKR Confirms It Dropped Out of Group Bidding for Sainsbury
April 5 (Bloomberg) -- Kohlberg Kravis Roberts & Co. dropped out of the group that's considering a bid for J Sainsbury Plc, leaving its three partners to pursue the takeover plan. KKR withdrew from the planned bid for the third-largest U.K. supermarket chain after talks with other members of the group, it said today in an e-mailed statement. CVC Capital Partners Ltd., Blackstone Group LP and Texas Pacific Group make up the rest of the group, which must decide on a bid by April 13. New York-based KKR dropped out of the group because of its involvement in a takeover offer for U.K. retailer Alliance Boots Plc, two people with knowledge of the deal said. The action won't jeopardize the planned bid, according to the people, who declined to be identified as details aren't public.
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