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Bidz.com
Bidz.com Sells All Intellectual Property and Tools from Colibri Group Bankruptcy Auction to Richline Group, a Berkshire Hathaway Company
May 10th, 2009
Bidz.com (NASDAQ: BIDZ), a leading online retailer of jewelry, announced that it has sold all the intellectual property, trademarks and tools of Krementz, Van Dell, Shiman, Dolan & Bullock, Taylor Avedon, Angelite, Skal, Skalet, Magical Years, Little Miss Pride, Sideways, Darling Diamonds, Fingerprint Locket and others that it acquired in the bankruptcy auction of The Colibri Group to Richline Group, Inc., a Berkshire Hathaway Company. The Company also agreed in principle to buy future close-outs from Richline on a non-exclusive basis. Richline Group, Inc., a wholly-owned subsidiary of Berkshire Hathaway Inc., is the USA’s foremost fine jewelry manufacturer and the...
Source: Pharma Investments, Ventures & Law Weekly (2009-05-10)
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