The problem with closedbid auctions is that they are frequently won by people making a technical mistake, as in the case with Shell paying double for Belridge Oil.
He has submitted a bid to resuscitate the weekly magazine, which closed in April with losses of $1 million a year.
他已经竞标以使由于100万美元1年的损失于4月份停刊了的那个周刊起死回生。
《柯林斯英汉双解大词典》
3
Schaeffler's misfortune, however, was that its offer closed just after the collapse of Lehman Brothers sent markets into a spin, spurring almost all of Continental's shareholders to accept its bid.