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Stephen Hawking's wheelchair up for auction

Stephen Hawking's wheelchair up for auction

World
Oct. 31 (UPI) -- A nine-day online auction of physicist Stephen Hawking's memorabilia, including his motorized wheelchair, began on Wednesday. Twenty-two items are up for auction by Christie's auction house in London. The wheelchair has already received a bid of over $ 25,000 and is expected to sell for about $ 215,000. Also to be auctioned are Hawking's script for an appearance on The Simpsons television program, which has received a $ 1,800 bid, and an invitation to a 2013 "Time Traveler's Reception," one of 100 meant to unite anyone on Earth who returned from a future time. The current bid for the invitation is $ 4,466. Autographed copies, featuring his thumbprint on the first page, of Hawking's celebrated book "A Brief History of Time Travel," and copies of his 1963 PhD. thesis, are a...
Comcast outbids Fox in auction for Sky

Comcast outbids Fox in auction for Sky

Business
Comcast has triumphed in the auction to buy Sky plc, the owner of Sky News, for £29.7bn in the biggest takeover ever seen in Europe's media industry. Comcast's offer of £17.28 per share was £1.61 ahead of Fox's offer of £15.67.The US giant's victory follows a dramatic shoot-out with US entertainment giant 21st Century Fox in a rare three-round auction overseen by the Takeover Panel.The result ends 21 months of uncertainty for Sky over its ownership after the company's independent committee unanimously recommended the offer to shareholders.In a statement Sky plc said: "As the price of the final Comcast Offer is materially superior, it is in the best interests of all Sky shareholders to accept the Comcast offer."Accordingly, the Independent Committee unan...
Good results from U.S. offshore auction, but expectations low

Good results from U.S. offshore auction, but expectations low

Business
Aug. 16 (UPI) -- Results from a U.S. auction for drilling rights in the Gulf of Mexico showed companies are willing to spend again, but expectations were low, experts said. An auction Wednesday for rights to drill into the U.S. waters of the Gulf of Mexico secured $ 178.1 million in high bids from 29 different companies. That's an increase of 43 percent from the last lease sale in March. William Turner, a research analyst at consultant group Wood Mackenzie, said less acreage was on the auction block and the industry didn't get an incentive from lower royalty rates like they wanted so expectations were low. "However, with an increase in competitive bids and dollar amount from the last round, companies demonstrated their continued confidence in the region," he said in a research note emaile...
One giant sale: Neil Armstrong's collection goes to auction

One giant sale: Neil Armstrong's collection goes to auction

Technology
Admirers of Neil Armstrong and space exploration have a chance to own artifacts and mementos that belonged to the modest man who became a global hero by becoming the first human to walk on the moon. The personal collection of Armstrong, who died in his native Ohio in 2012, will be offered for sale in a series of auctions handled by Dallas-based Heritage Auctions, beginning Nov. 1-2 and continuing in May and November 2019. The collection includes a variety of artifacts from Armstrong's 1969 lunar landing and private mementos that include pieces of a wing and propeller from the 1903 Wright Brothers Flyer that the astronaut took with him to the moon. Other items that went to the moon with Armstrong include a U.S. flag, the largest size typically flown during Apollo missions; a United Nation...
Premier League raises less from TV rights auction

Premier League raises less from TV rights auction

Business
The Premier League has seen a decline in the money raised from the sale of rights to broadcast matches in the UK.In total BT and Sky bid £4.4bn to screen the lion's share of 200 games for each season between 2019-2022.That amount falls short of the £5.1bn the Premier League netted in 2015.Two packages to show 20 midweek matches are still to be sold, but experts say it is unlikely they will raise enough to top the previous rights deal."I don't think that those two packages by themselves are going to bridge the gap between what the domestic rights were sold for last time and what they're going for this time," said Dan Jones, head of the sports business group at the accountancy firm Deloitte.In 2012, BT and Sky paid £3bn for the rights to show matches between 2013 and 2015, up from £1.77bn in