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spin room

12/04/12 9:59 PM

#15082 RE: Cold Mountain #15073

Correct me if i am wrong. These bids r the starting point when the official auction starts Thursday. From what i read in the bidding procedure (rules) every bid there after has to be in 500.000 increments. Thats why the aution is going to last for a few days.
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beachboy3

12/04/12 10:35 PM

#15093 RE: Cold Mountain #15073

Why is Wanxiang's bid allegedly only $131 million? Because it's an auction. Would *you* pay more than you have to?