>>It's two separate processes for Burnstone and Hollister
And Burnstone is not going to go the auction route - the BRP admin will whittle through the 6 at the table and come out on the back end with the best possible deal - but that deal will more or less be final.
Hollister will be an auction - so they will work through the best of the 3 offers on the table and then that best offer will form the starting point at auction - an auction that will be open to more than just the three who have submitted a stalking horse offer.