Experience Stern | News & Events

Excerpt from The Wall Street Journal -- "Maher Said, a New York University Stern School of Business professor who focuses on auctions, said the first step in an auction like this is figuring out how much the asset is really worth to you, and then what you think it’s worth to your rival. Next is gaming out a range of possible bids from your rival. 'The concern is you don’t want to raise the price so high and end up holding the bag,' he said."

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