Following a competitive six -
month auction process, Homeplus was sold to a consortium of investors led by MBK Partners and including CPPIB, PSPIB, Temasek and the National Pension Service of Korea, in what was the largest ever sale to private equity in Asia and the largest private transaction ever in Korea at the time.
Not exact matches
Tribune Publishing has already said it wants to be the bidder that sets the opening price for the actual
auction next
month — the «stalking horse» position in the
process.
There are plenty of people who make money off this who flutter their hands and insist it's incredible dangerous to bid on properties at a foreclosure
auction, but really, it's not, once you've spent a few
months learning the
process and the law in your state and county.
By selling property by
auction, the normal 6 to 12
month real estate sales
process is compressed into 4 to 6 weeks.