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But it does not simply place the top bidder first.
Other top bidders are expected to try the same thing.
You can go in and look at all of the bidders.
This is because the only known bidder for Time would be out of the running.
They told him he might lose out to another bidder.
The other three bidders did not have such time pressure.
He also said there were likely to be other bidders.
The high bidder gets to take all the old issues when new ones come in.
There are no rules to how high a bidder should go.
That would leave just one bidder, which is not certain to make an offer.
A second round later will be open to foreign bidders, she said.
City officials said there were two other bidders for the project.
Each bidder was asked if he would like to increase his offer?
"I expect at least three or four serious bidders will show up."
But this is a case where the bidders know what they are doing.
And even if the bidders play by the rules, the board itself may not.
"There seemed to be new bidders, a different group than in the past."
In the age of free agency, some players had to move to a higher bidder.
There would also be great interest by American and foreign bidders, he added.
The family, the company's board and the union have all said they are open to other bidders.
Often throughout the evening, works had only one or two bidders.
The number of possible bidders has grown from two to six.
But, they said, other bidders have shown interest as well.
But that did not mean he was a slow bidder.
The two bidders will probably have different plans for Wind.