Quote:
Originally Posted by calvindog
Which part of the $7.2M is going to the auction house? The $0 part?
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HA.
Typically an AH is not operated on an eleemosynary basis. My assumption is that they would get at least 5% of the $6M hammer. Said another way, the AH might only keep 5% of the 20% BP. But I guess you never know on a piece like this precisely what the parties negotiated.