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Short Take: Brokerage site to be sold in online auction

Web advertising company AdShop Online plans to sell its fledgling brokerage site, EconoTrade, in a private email auction beginning July 6. The weeklong auction will begin with a minimum bid of $15,000 to cover Adshop's development costs. The New York-based company services clients including Sumitrans, a division of Sumitomo Bank, American Airlines, and 1stVenture.com.

Stefanie Olsen Staff writer, CNET News
Stefanie Olsen covers technology and science.
Stefanie Olsen
Web advertising company AdShop Online plans to sell its fledgling brokerage site, , in a private email auction beginning July 6. The weeklong auction will begin with a minimum bid of $15,000 to cover Adshop's development costs. The New York-based company services clients including Sumitrans, a division of Sumitomo Bank, American Airlines, and 1stVenture.com.