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  2. Vickrey–Clarke–Groves auction - Wikipedia

    en.wikipedia.org/wiki/Vickrey–Clarke–Groves...

    This marginal harm caused to other participants (i.e. the final price paid by each individual with a successful bid) can be calculated as: (sum of bids of the auction from the best combination of bids excluding the participant under consideration) − (what other winning bidders have bid in the current (best) combination of bids). If the sum of ...

  3. CVC looking at Nexi but no bid in the works-source - AOL

    www.aol.com/cvc-looking-nexi-no-bid-075837247.html

    The shares had opened up 17% after Bloomberg reported late on Tuesday that CVC was in the early stages of mulling a potential offer for Nexi, Europe's largest payments company CVC looking at Nexi ...

  4. Single-price auction - Wikipedia

    en.wikipedia.org/wiki/Single-price_auction

    Single-price auctions are a pricing method in securities auctions that give all purchasers of an issue the same purchase price. They can be perceived as modified Dutch auctions . This method has been used since 1992 when it debuted as an experiment of the U.S. Treasury for all auctions of 2-year and 5-year notes.

  5. Revenue equivalence - Wikipedia

    en.wikipedia.org/wiki/Revenue_equivalence

    Suppose that a buyer has value v and bids b. His opponent bids according to the equilibrium bidding strategy. The support of the opponent's bid distribution is [0,B(1)]. Thus any bid of at least B(1) wins with probability 1. Therefore, the best bid b lies in the interval [0,B(1)] and so we can write this bid as b = B(x) where x lies in [0,1].

  6. Exclusive-CVC, Kronospan eye acquisition of West Fraser ... - AOL

    www.aol.com/news/exclusive-cvc-kronospan-joint...

    CVC and Kronospan have informed West Fraser's management they would like to proceed with deal negotiations, the sources said. Shares in West Fraser, which has a market capitalization of C$10.6 ...

  7. Auction theory - Wikipedia

    en.wikipedia.org/wiki/Auction_theory

    Both the equilibrium and uniform bid distributions will support [0,1/2]. Jump-bidding; Suppose that the buyers' valuations are uniformly distributed on [0,1] and [0,2] and buyer 1 has the wider support. Then both continue to bid half their valuations except at v=1. The jump bid: buyer 2 jumps from bidding 1/2 to bidding 3/4.

  8. CVC makes non-binding bid for stake in TIM's enterprise ... - AOL

    www.aol.com/news/cvc-makes-non-binding-bid...

    CVC Capital Partners has submitted a non-binding expression of interest for a stake up to 49% of Telecom Italia's (TIM) enterprise services arm, two sources said on Saturday. The non-binding ...

  9. Mandatory offer - Wikipedia

    en.wikipedia.org/wiki/Mandatory_Offer

    In mergers and acquisitions, a mandatory offer, also called a mandatory bid in some jurisdictions, is an offer made by one company (the "acquiring company" or "bidder") to purchase some or all outstanding shares of another company (the "target"), as required by securities laws and regulations or stock exchange rules governing corporate takeovers.