Friday, June 24, 2016

Donuts Makes Hostile, $70M Bid For Rightside Group's TLDs

Domain name registration provider Donuts Inc, which provide top-level domain registration services, said it has offered to buy the entire registry of generic, top-level domains from Rightside Group, Ltd.. Donuts--which has executives and operations in Los Angeles--said it has offered to pay $70M in cash for Rightside. In what might make for an interesting process, Donuts said that it is making the offer despite Rightside "repeatedly" disregarding its interest in the company.

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