| 3 North Hanover farms to be sold at auction
The State Agriculture Development Committee will sell three permanently preserved farms in Burlington County at public auctions in June. The farms, all in North Hanover, are the 180-acre former Limm property on Meany Road, the 138-acre former Erb farm on Sykesville Road and the 310-acre former Russell farm on Jacobstown-Arneytown Road. The auctions will be held at 11 a.m. June 8, at the former Russell farm at 274 Jacobstown-Arneytown Road. Tours of the farms, where SADC staff will be available to answer questions, will be held on Wednesday at 10 a.m. for the former Limm farm, 10:45 a.m. for the former Erb farm and 12:30 p.m. for the former Russell farm. Farmland is most commonly preserved through the sale of development rights, in which landowners retain ownership of the land but give up the right to develop it for anything other than agricultural uses.
Who Asked Google For Preferred Cost Bidding?
Amidst all the buzz surrounding the DoubleClick acquisition, Google quietly launched "Preferred Cost Bidding" yesterday. Advertisers now have the option to choose a "preferred" or average CPC rather than a max CPC and Google will algorithmically make sure that your clicks average to that cost over time. Think on that for a second - if you happen to use algebra to determine CPCs, you're calculating your CPC ceiling (or the true max CPC) based on back-end performance variables. With a little more algebra and some trending analysis, you'd then determine what your Google max CPC should be in order to hit your true max. With Preferred Cost Bidding, however, your true max CPC becomes your "preferred" CPC. Google ensures that you're charged your true max CPC on average, no matter what, by sporadically lowering and raising your bids.
Indiana Developers Submit Bids for Market Square Arena Site
The Metropolitan Development Commission is expected to make its decision by July on two bids submitted for the redevelopment of the former Market Square Arena site in downtown Indianapolis. Developer Kosene & Kosene submitted a bid, as did Market-Ability, Inc., which consists of four Indiana developers. That group is proposing a $150 million, 523,000 square foot mixed-use development that would include a Target store. If the proposal is selected by the City of Indianapolis, the group says it would break ground in October, with completion slated for 2009.
Source: Inside INdiana Business
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Insurance Auto Auctions, Inc. Announces It Has Received Requisite ...
WESTCHESTER, Ill.--(BUSINESS WIRE)--April 6, 2007--Insurance Auto Auctions, Inc. (the "Company") announced today that it had received, as of 5:00 p.m., New York City time, on April 5, 2007, tenders and consents from holders of 100% of the aggregate principal amount of the Company's outstanding 11% Senior Notes due 2013 (the "Notes") in connection with its cash tender offer and consent solicitation for the Notes, which commenced on March 22, 2007. The tender offer and consent solicitation is being conducted in connection with the previously announced merger and related transactions that will result in the Company and ADESA, Inc. becoming wholly owned subsidiaries of KAR Holdings, Inc. (the "Merger"). The completion of the tender offer and consent solicitation is conditioned on, among other things, the closing of the Merger.
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