to Buy Auction Site

Share this content:, Pasadena, CA, signed an agreement yesterday to buy online auction company for 3.47 million shares. The purchase will allow to carry listings of more than 50 auction sites, including eBay, Yahoo and Auction Rover, Research Triangle, NC, gives buyers a tool to search for products and services being auctioned on the Internet. The site helps auctioneers manage inventories, keeps track of multiple transactions and completes transactions.

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