ImClone said the bidder would be revealed by Thursday unless negotiations continued past midnight.
The psychology of buying at auction still tends to favour the bidder in the room.
The bidder should provide comprehensive details on the set up and functionality of the proposed redundant transmission channel.
But the bidder that's really shaking up the auction is none other than Google, the search engine company and Internet-advertising giant.
The bidder was anonymous and beat competition from 32 other bids.
In some auctions, the Designated Bidder may be the only bidder.
There they may be expected to make epic PowerPoint presentations to giant audiences, and to attend banquets and intimate discussions, often in hotels owned by the bidder.
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Miller Tabak analyst Les Funtleyder said it would be more likely for a newly cancer-centric Pfizer to be the bidder, but for now, Lilly is in the spotlight.
Before an auction, both Sotheby's and Christie's ask for bank references from bidders or talk to major dealers to find out if the bidder has a good track record.
In the second auction it attracted one bidder and Mr Barlow said at the time they were trying to check whether the bidder had adequate funding with which to buy the RAF base.
And it opens up a very difficult area I've discussed here many times: have we been a little bit too ready to sell our best businesses to the highest bidder, regardless of the nationality of the bidder?
At this honor-among-thieves event, the Designated Bidder puts all the goodies that he won on the table and whoever is high bidder for a given property wins.
The preferred bidder for the development of the former Aberdeen City Council headquarters site has been named.
Lewis was the sole bidder on the Olmos Block, named after the geologic formation straddling the border.
The much-delayed deal went through after the Greek-Czech fund, the sole bidder for the stake, raised its offer.
The Department for Transport will choose the successful bidder and the new franchise will start on 1 April.
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He added that Kraft would be reluctant to raise its offer while it remained the only bidder in the running.
Only the winning bidder and the amount of the successful bid will be announced publicly at the end of the auction.
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The other bidder for the Welsh capital licence was Cardiff Local TV.
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Local Councillor Robert Jones is now calling on BT - chosen by the council as the preferred bidder for the state-aided project - to prioritise Bradley Stoke for the roll out.
In fact, virtually every member of this conspiracy comes away a winner because the profits at the second auction (that is, the difference between the price paid at second auction minus the price paid by the Designated Bidder at the public auction) is frequently divided among the conspirators.
Nacho Figueras, the Argentinian polo icon and face of the Ralph Lauren Black collection, will join you and a guest for lunch and a day at the U.S. Open at the International Polo Club if you are the highest bidder at the Ralph Lauren Pink Pony Auction.
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In contravention of a public, competitive auction, Crusader conspired to rig the tax lien bidding by allocating certain liens to members of the conspiracy, thus ensuring that the prevailing bidder took the lien with an artificially higher interest rate than would likely have been derived from open competitive bidding.
With applications for nearly 2, 000 new domain names outstanding, each one of which will function as a miniature .com registry under the control of the winning bidder, the new territories will be exponentially harder to monitor than the existing world of .com, .edu, .gov and a handful of generics like .travel and .museum.
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Xiang said the money is not what is keeping the Chinese bidder outside of the door.
Made TV Ltd has been unveiled as the winning bidder to run the new local station in Cardiff.
Made TV Ltd was unveiled as the winning bidder to run the new local station in Cardiff last year.
One is being sold the usual way, ie to the highest bidder, while the other is being raffled off.
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