The problem with closed bid auctions is that they are frequently won by people making a technical mistake, as in the case with Shell paying double for Belridge Oil.

暗标竞价的问题在于标的物常常被那些犯了技术错误的一方赢得，比如壳牌石油支付给贝利奇石油的价格是（另一方的）两倍。

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The IRS says it is little more than an avenue for owners of an empty corporate shell to avoid paying taxes.

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That means shareholders of Q-Telecom would receive 2.8 times the multiple their shell company, Troy, was paying TIM Hellas investors.

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Apple announced it will seek to tap the debt market as part of its plan to shell out billions to shareholders in dividends and stock buybacks without paying taxes to bring home its massive overseas cash pile.

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