|[April 12, 2012]
NYC-Based Television Studio and Turnkey Broadcasting Assets to Be Auctioned by Heritage Global Partners May 2 via Global Online Auction
SAN DIEGO --(Business Wire)--
Global Partners ("HGP"), a global leader in asset advisory and
auction services and a wholly owned subsidiary of Counsel
RB Capital (OTCQB: CRBN), today announced that it is conducting an
upcoming worldwide online auction featuring a complete New York
City-based TV broadcasting studio and its entire infrastructure,
including pre- and post-production equipment previously owned by RAI
Corporation, a leading US-based Italian language television and
The sale begins Wednesday, May 2, 2012 at 10 am PT and ends May 3 at 10
am PT, via a global online auction accessible at www.hgpauction.com.
There is a one-day preview May 1 from 9 am - 4 pm ET, or by appointment.
The TV studio auction is intended to be one aggregate bulk sale (subject
to seller's approval) of the entire RAI facility and its contents,
including pre- and post-production broadcasting equipment, IT, corporate
furnishings and much more. The successful purchaser will be required to
remove all assets from the facility in a timely manner. In the event
that no turnkey bid is accepted, all assets will be auctioned online
simultaneously as a piecemeal sale (lot by lot) for removal.
"We are anticipating very strong demand from online bidders for these
state-of-the-industry television broadcasting assets and expect that we
will sell the entire turnkey facility to a single purchaser. If that
does not happen, we will immediately switch to an item-by-item auction.
In either case, there is a 'short fuse' on this sale," stated Heritage
Global Partners Vice President George Wandachowicz.
Led by auction industry pioneers Ross and Kirk Dove, Heritage
Global Partners is one of the country's leading asset advisory and
auction services firms, assisting large and small companies with buying
and selling assets. A Counsel
RB Capital company (OTCQB: CRBN), HGP specializes in asset
brokerage, inspection, and valuations, industrial equipment and real
estate auctions, as well as enterprise auctions combining tangible and
To obtain more information including scheduling an on-site preview,
please visit www.hgpauction.com
or contact George Wandachowicz at email@example.com.
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