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Stock Market & Financial Investment News

News Breaks
April 2, 2014
07:01 EDTLQDTLiquidity Services is apparent high bidder for U.S. DoD contract
Liquidity Services announced it has been determined the apparent high bidder for a contract with the U.S. Defense Logistics Agency to purchase, manage and sell non-rolling stock surplus assets of the U.S. Department of Defense. Liquidity Services, Inc.’s high bid was equal to 4.35% of the DoD’s original acquisition value. The Surplus Contract has a base term of two years with four one-year renewal options. Bidding for the DoD surplus rolling stock contract will take place in a live auction being held by the DLA on April 2. Following the conclusion of the auction event and a DLA determined apparent high bidder, Liquidity Services will provide an update on the event results.
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September 4, 2014
08:32 EDTLQDTLiquidity Services to conduct auction for Caltex Australia's Kurnell refinery
Liquidity Services announced that a sealed bid auction has been scheduled for operational units at Caltex Australia’s Kurnell refinery. The units within the refinery, which has a nameplate capacity of 135,000 barrels per day, are being offered as a complete package and comprise over ten individual process units including: Crude Units, FCC Units, Reformer Units and a Sulfur Recovery Unit. Until September 30, prospective buyers can see the plant in operation and meet with the operators and engineers in order to learn more about the “ins and outs” of operating the refinery.

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