Dealmaker Irwin Jacobs has sold the consumer goods remarketing arm of his Jacobs Trading Co. in Hopkins for $140 million. Liquidity Services Inc., a Washington, D.C.-based dealer in surplus goods, is buying the unit and said the cash-and-stock deal is expected to close Oct. 1. Liquidity Services will pay an... read more →
Sep
02
Sep
01
D.C.-based Liquidity Services Inc., which posted record results in its latest quarter, has agreed to acquire the re-marketing business of Jacobs Trading for $140 million. Jacobs Trading could receive up to $30 million more in compensation depending on how the unit performs in calendar year 2012 and calendar year 2013.... read more →
Sep
01
Liquidity Services Inc. said Thursday it plans to buy Jacobs Trading Co.'s consumer goods remarketing business in a deal valued at $140 million. The Washington, D.C. auction house said the acquisition will expand its relationship with WalMart, as well as add manufacturing clients, products and buyers to its consumer goods... read more →
Aug
29
Andy Catsakis got the most out of his hobby for collecting vehicles Read the Article
Aug
08
If you covet deeply discounted, used military surplus equipment ranging from trucks to cooking devices to musical instruments, the online auctions run by Government Liquidation could be your forum. The Defense Department contractor conducts rolling auctions of equipment and scrap metal from 209 sites around the country, including a lot... read more →
Aug
08
Have you ever thought about buying a military tactical five ton truck? Well, you can, for the right price. Dayton's News Source had a chance to tour tons of military equipment that's up for sale and waiting for a new home. The military surplus sale at Wright Patterson Air Force... read more →
Aug
05
Jul
26
Jul
26
A lot of people are turning to auction websites like eBay to buy electronics at lower prices and then re-sell them. One of those websites is Liquidation.com. It sells overstock or surplus products from big retailers in bulk online. The company has a new North Las Vegas warehouse full of... read more →
Jul
26