| Names of ex-factory property investors made public—
We now know the names of the investors who purchased the former Martin Aircraft factory property in Middle River in an online auction last fall. That's because a Baltimore developer and broker sued the investors, claiming they didn't pay him a more than half (m) million dollar commission. Attorneys say the suit was settled amicably out of court last week. The lawsuit filed by broker Mark Shapiro named as plaintiffs Mexican businessman Aberto Saba and New York developers Joe Aini and Jack Avital. The suit identified them as the anonymous men who used an Internet screen name to bid in the auction held by the U-S General Services Administration. The are described by their attorney as the primary investors in Middle River Station Development, which includes other investors.--- Information from: The (Baltimore) Daily Record, http://www.mddailyrecord.com .
Google AdWords Preferred Cost Bidding Not Welcomed
Yesterday Google announced a the AdWords blog a new bidding option named preferred cost bidding. Google prepped me the day before for my post at Search Engine Land on this feature. Honestly, after the call I was still not 100% clear on the benefits. What is preferred cost bidding? You select the average price you'd like to pay per click (a preferred CPC bid) or per thousand impressions (a preferred CPM bid). The AdWords system then automatically works to hit this target price. For example, if your analysis shows that a click on your keyword-targeted ad is worth US$0.75 to your business, you can set a preferred CPC bid of US$0.75. The AdWords system will then adjust your bid on individual ad impressions to bring your actual average CPC as close to US$0.75 as possible.
Institutional investors scoop up bulk of Kaolin IPO
Most of the accepted bids for the IPO of Bulgarian mining and processing company Kaolin were placed by foreign investors, said Bulbank after the results from the book-building were announced on Saturday. The cut-off price is 13.50 levs. The offering is three time oversubscribed with investors placing bids for over 200 mln levs. Institutional investors placed 82% of the bids, followed by private investors with 12% and corporate investors with 6%. Kaolin will sell a total of 4,580,620 shares, raising 61.9 mln levs in the process. The capital of the company will go from 20.42 mln to 25 mln levs. A week ago, Alfa Finance Holding, the Kaolin majority owner, said it would offer an additional 1 mln shares to select investors if the IPO sparks market interest. The final decision on the move will be taken after the subscription period expires.
Sold at auction: Anything and everything
We have 75 or so different categories of equipment we track sale prices on. It's all alphabetized in our Web site: ATVS, AUGERS, BEAN BARS, BEET EQUIPMENT, BLADES, CARS, CATTLE EQUIPMENT, CHISEL PLOW. . . TRACTORS, TRAILERS, TRUCKS, UNDERCUTTERS, V RIPPERS. But one category in the middle of our list is especially dear to my heart - "MISCELLANEOUS." .
Bakoteh Annex Bids Farewell to Mrs Jadama
Teachers and pupils of Bakoteh Annex Lower Basic School in Region One, on 10 April this year, bade farewell to their outgoing senior mistress for Grade Six department, Mrs Aja Kumba Drammeh Jadama, who has taken voluntary retirement after serving in the teaching profession for over 20 years. Speaking on the occasion, the headmistress of Bakoteh Annex Lower Basic School, Mrs Hanna P. Coker, described Mrs Jadama as someone who has the zeal, commitment and sense of belonging required of a good teacher. Mrs Jadama, she added, worked with her teachers closely and shared responsibilities with teachers in all the departments of the school without favour or ill will. Mrs Jadama was always willing to correctly administer her department, and her style of administration was always to promote cooperation among teachers in the school, she said.
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