Archive for the ‘Economics’ Category

Carolina Railhawks marketing intangibles sold on EBay

Tuesday, February 1st, 2011

The defunct professional soccer team “Carolina Railhawks Football Club” sold the team’s trademark over the weekend, according to eBay Inc.’s online auction website.

As Bloomberg reported, bidding started at $500 with two bidders identified by code names  see-sawing until the auction closed January 30 with a selling price of $14,999. In addition to the team name, the high bidder won all associated logos, symbols, designs, slogans, and mascot, and the internet domain name www.carolinarailhawks.com, according to the eBay listing.

The Cary, North Carolina team, was founded in 2006. Among its owners was Robert Young, the former chief executive officer of Red Hat Inc. (of Linux fame) and the founder of Lulu Ltd. (Self-Publishing).

The entity that owned the team dissolved at the end of last year,according to the Cary News.

Source: Bloomberg.

M&A: Evaluating a Target with IP Rights

Friday, January 28th, 2011
David Drews, CLP (IPmetrics LLC) has an upcoming publication which will cover this topic, among other related intellectual property issues.

The publication will address one of the primary vehicles used by companies interested in growth: the acquisition of or merger with a separate company.

In more and more instances, the decision to go ahead in M&As hinges on the intellectual property (“IP”) that the target company owns or controls.

In this publication, David Drews will explore the impact that intellectual property as an asset class has on M&A activity, the various forms of intellectual property that may be important or attractive to an acquirer, and the methods necessary for properly evaluating a takeover or merger target.

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