REMINDER/Sports Authorities of Pittsburgh to Sell Assets of Three Rivers in Online Auction Conducted Through FreeMarkets; Onsite Auctions for Memorabilia Set for January.Business Editors, News/City Desks & Sports Columnists REMINDER...for Nov. 17 (Friday) PITTSBURGH--(BUSINESS WIRE)--Nov. 17, 2000 The Sports & Exhibition Authority and Stadium Authority of Pittsburgh will conduct an online auction of assets of Three Rivers Stadium • • [ through FreeMarkets, Inc. (Nasdaq:FMKT FMKT Freemarkets, Inc. (stock abbreviation, AMEX) ) on Friday, Nov. 17 at 1:00 p.m. Onsite auctions for memorabilia mem·o·ra·bil·i·a pl.n. 1. Objects valued for their connection with historical events, culture, or entertainment: posters, publicity photographs, and other movie memorabilia. 2. are scheduled to be held in January. Proceeds from the auctions will be applied to the cost of demolishing Three Rivers Stadium and provide funding for City of Pittsburgh parks and recreation. Buyers from across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada are registered to participate in the online auction for big-ticket items big-ticket item Managed care A popular term for an expensive therapeutic or diagnostic procedure such as the Sony Jumbotron, scoreboards and large blocks of seats. FreeMarkets identified potential buyers through the global network of buyers registered in the FreeMarkets(R) Asset Exchange, the leading B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business eMarketplace for selling surplus assets. The Company also marketed the auction to minor league teams and other organizations that could use the assets. FreeMarkets will conduct two onsite auctions in January for smaller items the Stadium Authority is selling, including pieces of turf, small blocks of stadium seats, TV monitors, signage, and banners among other items.
Date/Time: Friday, Nov. 17, 2000 1:00 p.m.
Location: FreeMarkets Inc.,
FreeMarkets Center
210 Sixth Avenue
Pittsburgh, PA 15222
Attendees must register with security and will be escorted to the auction on the 24th floor. |
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