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The company began as a local auction company selling real estate, farms and personal property run by Kruse and his sons Dean, Dennis and Daniel. The company held its first collector car auction in Auburn on Labor Day in 1971; the Labor Day auction became an annual event and grew to become the largest collector car auction in the world. [1]
The company denied the allegations said it does not tolerate sexual harassment. [7] In early 2024, Fortress Investment Group sued Cohen for a default on a $534mn loan made in 2019. [8] In August a New York Supreme Court judge approved proceeding with a foreclosure auction against properties owned by Cohen to recoup part of the value of the ...
He stayed with Ritchie Bros. Auctioneers until 1980. [4]: 39, 48, 70 In 1968, Ritchie Bros. Auctioneers held its first auction with gross proceeds in excess of CA$1 million, in Edmonton, Alberta, Canada. [4]: 39 Edmonton was also the site of the company's first permanent auction site (on company-owned land), which was established in 1976. Until ...
On September 10, 2011, Freeman's held an auction that brought $3.5 million for an Imperial white jade seal from the Qianlong period, triple the highest sale in the company's history. [9] Other notable auction records set at Freeman's include a sculpture by Wharton Esherick as part of their annual Pennsylvania Sale in November 2014. [ 10 ]
The Ford family are also members of the Episcopal Church. [ 1 ] Although the Ford family's ownership stake in the automaker had declined to less than 50% of the company's equity as of 2010 [update] , the family retained operational control through a special class of stock that was established early in the company's history and retained when the ...
In 1960, Forest City became a publicly-traded company. [2] In 1987, the company sold its retail lumber business to Handy Andy Home Improvement Center. [3] In 2011, the company sold a 49% stake in a retail portfolio in New York for $172.3 million. [4] In 2013, the company acquired a 100% interest in a mall in Pittsburgh. [5]
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