St. Louis Riverboat Failed To Sell | Ramblings of an e-trader

Friday, 12 November 2010

St. Louis Riverboat Failed To Sell

The St. Louis Admiral Riverboat has failed to garner interest or serious bids, according to the company overseeing the auction of the icon on eBay.

News reports on the auction mentioned that a bank has offered to buy it at a six-figure sum but it is nothing close to the US$1.5 million that the owners are looking at. I remember reading that the owner was very eager to let go of it at any cost. Looks like the offers that were received weren't good enough.

The future of this century-old icon of St. Louis remains uncertain. I personally think that it's a pity there is no local company willing to do anything to retain the riverboat.


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