Bargain hunters are on notice. BJ’s Wholesale Club Inc. is selling itself at an auction with help from Morgan Stanley. Buyers can get financing from Morgan Stanley. Bloomberg reports the buyer is likely to be a private-equity fund and not a retailer. BJ's, based in Natick, is the third-largest U.S. wholesale chain after Costco and Sam’s Club. [Herald], [Bloomberg]
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The starfish population is booming, and that's probably not be good news. [Boston Globe]
A beaver is dividing a Medford brook and members of the neighborhood. [Boston Globe]
The 88-year-old woman who ran over a 4-year-old Stoughton girl won't be driving again. [Boston Channel]
Don't expect to see same-sex marriage in Rhode Island for at least another year. [The Advocate]
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Manhole fires in the Theatre District knocked out electricity to a chunk of downtown for several hours and closed RMV offices statewide. [Boston Globe]
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The body of a Norfolk, Mass teen was found today after partying and getting lost at the old Norfolk Airpark on Friday. [The Boston Channel]
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Results tagged “auction”
The typewriters of two late Massachusetts-affiliated writers were recently sold at auction for a total of nearly $30,000. Jack Kerouac's last typewriter, a Hermes 3000, fetched $22,500, while a machine John Updike used got a comparatively meager $4375. But both amounts pale in comparison to the nearly $250,000 paid for Cormac McCarthy's Olivetti typewriter in December last year. Kerouac was born in Lowell and reported for the Lowell Sun, but became a famous wanderer, while Updike remained mostly settled in Mass after his stint at Harvard. Proceeds from Updike's machine will go to the NYPL. [NYT]
Boston's John Hancock Tower, the tallest building in New England, was sold at auction today in New York, reports the Globe. Financial experts believe that the building will go for between $650 and $750 million, half of its 2006 price of $1.3 billion. (ETA: The building sold for $660 million.) Broadway Partners, the building's former owners, paid the $1.3 billion with labyrinth of funding, and the group defaulted on some of its loans earlier this year.
Art House Silent Art Auction Thursday, November 29, 7:00 pm Brattle Theatre, Cambridge, $15 More info The Brattle Theatre is holding its fourth-annual silent art auction so you can do some good for local culture and make your apartment less ugly. Bids start at $35, which is pretty cheap for getting your foot in the door as an art collector. The Brattle has previewed some of the works so you can glance at them ahead...
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