Originally posted by Namethink January of this year. $45M cash deal. Which is about $44.9M too much. http://zdnet.com.com/2100-1106-802161.html?legacy=zdnn Miles
Yes, isn't it incredible how VeriSIgn (NetSol) and Register.com and some others always grossly overpay for these dubious value firms such as .TV, .CC, GreatDomains, and Afternic. I have read Register.com already wrote off as a loss most of the 40 Million or so they paid for Afternic.
What type of idiotic management do they have to offer that kind of money for these very dubious value acquisitions? It's also amazing how after spending the big corporate bucks they immidiately mismanage and run them in to the ground, such as how Register.com handled Afternic, stripping away their former good support and reputation as they did. GreatDomains is also a shadow of its former self, with most of their once great features gone, similar to AN. What idiots they all are