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The Surplus Record has been available online since 1986, [4] when buyers would use 2400-baud modems to access it. Currently, it is the largest online directory in the world for surplus capital equipment. [5] The company started its own online auctions in 1999, [1] [6] a year before it was acquired.
The Merchandise Mart (or the Merch Mart, or the Mart) is a commercial building in downtown Chicago, Illinois.When it opened in 1930, it was the world's largest building, with 4 million square feet (372,000 m 2) of floor space.
Leslie Hindman Auctioneers is an American auction house based in Chicago, Illinois, United States.Founded in 1982, sold to Sotheby's in 1997 and reopened in 2003, the company engages in auctions ranging from contemporary paintings and fine jewelry to French furniture and rare books and manuscripts.
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For business auctions, the term refers to a specific type of auction process (also called e-auction, sourcing event, e-sourcing or eRA, eRFP, e-RFO, e-procurement, B2B Auction). Open procurement processes, which are a form of reverse auction, have been commonly used in government procurement and in the private sector in many countries for many ...
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