Re the other horse: Didn't he go through the auction at NH? If he did, horses other than meat horses go through too. Perhaps the attendance was down or the dealer just got a good deal on the horse (since it seems a lot of his paperwork came along with him).
Anyway, if he's anywhere near sound, I think the new owners got him bargain priced at $1100 or so. If not, it still sounds like he landed in a far better place than where he was recently.