News: Who Bids Higher?
Posted 04 Dec 2004 at 00:52 by Tim Symons
Acclaim has been put up for sale. First bid $9.05 million, who bids higher?
Acclaim has been put up for a public auction. The company filed for Chapter 7 bankruptcy three months ago, and the auction that will help to raise some money to pay off their massive debt will take place next week.
Expect to pay $9.05 million to get a starting bid for the property. That's not even 10% of what the entity formally known as Acclaim owes in debts, which is over $100 million in total.
Pictures of the office and its assets can be found by using this link. Judging the pictures it looks like Acclaim had a lot of old junk lying around...