Auctionbytes-NewsFlash, Number 659 - December 03, 2003 - ISSN 1539-5065
Previous Story |
| Next Story
Auction Site BidVille Acquired
By Ina Steiner
AuctionBytes.com
American Recreational Enterprises Inc. announced it has executed a non-binding letter of intent to acquire NoBidding Inc., a New Jersey corporation. NoBidding, Inc. is the sole owner of BidVille, an online auction Web site.
The transaction calls for the new issuance of 20,000,000 shares of American Recreational Enterprises's restricted common stock to the shareholders of NoBidding pro-rata in exchange for all of the issued and outstanding stock of NoBidding. The effect of the transaction is to make NoBidding a wholly-owned subsidiary of the company. As part of its plans, American Recreational Enterprises will immediately cease the operations of its current subsidiary, Lenders/Investors, Inc.
BidVille was founded in 1999 as an online auction alternative to eBay and is headquartered in Clearwater, Florida.
http://www.bidville.com
Email this story to a friend. Previous Story |
| Next Story
Related Stories
Bidville Restricts Image Sizes - March 27, 2001, Issue #49
Bidville Has No 'AuctionWatch' Plans - April 04, 2001, Issue #55
BidVille Readying New Bulk Loader - June 03, 2001, Issue #94
BidVille Revises Feedback System - June 11, 2001, Issue #100
Bidville Bulk Loader Available - June 24, 2001, Issue #109
Bidville Releases Auction Statistics - June 25, 2001, Issue #110
Bidville Files Breach of Contract Suit Against PayPal - July 11, 2001, Issue #121
Bidville Announces New Image Hosting Policy - July 29, 2001, Issue #128
Bidville Features Sports Items in 'Sportmania' Promotion - August 23, 2001, Issue #147
Bidville Auction Site Holds Fund-Raiser - September 16, 2001, Issue #162
Bidville Brings Down Curtain on Clearance Sale - January 30, 2002, Issue #249
Bidville Auction Site Holds September Dollar Sale - August 22, 2002, Issue #379
Bidville Receives $2.2 Million in Equity Funding to Compete with eBay - January 10, 2004, Issue #678
Online Auction Site Bidville Institutes Commission Fees - January 12, 2004, Issue #679
Auction News Briefs: Bidville Establishes IR Program, Ritchie Bros. Plans Secondary Offering - January 16, 2004, Issue #683
Auction Site Bidville Launches Commission Fees; Reports Doubling of Membership - February 04, 2004, Issue #694
Bidville to Acquire Etailer and Online Auction Drop-Off Stores - February 13, 2004, Issue #700
Bidville Announces Referral Program and Spring Sale - March 25, 2004, Issue #725
Auction Site Bidville to Launch Chain of Drop-Off Stores - March 26, 2004, Issue #726
Bidville Signs Investment Banking Agreement - April 08, 2004, Issue #735
Bidville to Sponsor Major League Baseball Team - April 13, 2004, Issue #738
Online Auction Site Bidville Reports First Quarter Results - May 26, 2004, Issue #768
Online Auction Site Bidville Reaches 500,000 Members - July 07, 2004, Issue #799
Online Auction Site Bidville Announces Category Changes - August 12, 2004, Issue #826
Online Auction Site Bidville Launches New Tool for Sellers - September 02, 2004, Issue #840
Auction Site Bidville Launches Storefronts - November 12, 2004, Issue #889
Bidville Partners with AuctionTamer Auction Management Service - November 18, 2004, Issue #893
eBay Stores Has New Rival with Launch of Bidville Stores - November 21, 2004, Issue #131
Auction Site Bidville Profile to Air on CNN Headline News - December 17, 2004, Issue #913
Bidville Completes $2.5 Million Financing through Stock Issuance - May 18, 2005, Issue #1020
Auction Site Bidville to Start New Marketing Initiative - June 02, 2005, Issue #1031
Bidville President Resigns, Auction Site Seeks Additional Financing - September 27, 2005, Issue #1116
Discuss this story in our forums.
