Yahoo and its board of directors have been sued by two Detroit pension funds saying they breached their duties to shareholders in not accepting Microsoft offer of $31 a share. The attorney's are also seeking class action status. Earlier this month, another shareholder, the Wayne County Employees' Retirement Systems, sued the Yahoo board. … [Read more...]
Archives for February 2008
NameJet Auction Updates
With the domain world concentrated on the TRAFFIC show and auction, there were some high dollar sales at NameJet.com over the past few days: centralreservations.com $21,205 intheaters.com $17,800 carina.com $9,088 copierstore.com $7,900 zcp.com $6,700 videobroadcast.com $5,105 Orderbox.com $3,399 Rawo.com $1,900 luxuryyachts.net $1,180 … [Read more...]
TRAFFIC AUCTION: OUR TAKE
As we reported earlier today the TRAFFIC Live auction did 4.3 million in sales. Some are sounding the alarm that this is a bad sign for the domain industry, since the auction did quite a bit less than the Miami TRAFFIC auction held in October. However, you need to look at the big picture: Most importantly, DomainFest.com which held an auction just three weeks ago did over 3.1 million … [Read more...]
TRAFFIC LIVE AUCTION NETS 4.3 MILLION
$4,000 Condoms.info $5,000 ComedyClubs.net $6,000 heartworms.com $6,000 YouPhone.com and Uphone.com $7,000 DUI.MOBI $7,000 Score.mobi $7,000 FlatscreenTelevisions.com $7,000 bail.org $8,000 rvj.com $8,000 FlatFeet.com $8,500 odds.net $9,750 Lottery.mobi $10,000 … [Read more...]
TRAFFIC LIVE AUCTION: OUR PICKS
It's that time for us to take a shot and try to pick out the domains most lightly to sell and most lightly not to sell at tomorrow TRAFFIC auction (or at the silent auction which ends next week). As always let me hear your thoughts. We believe these are the domains that have the best chance of selling in no particular order. Next week we will publish out picks for the silent … [Read more...]
Live TRAFFIC Auction Tomorrow with Remote Live Bidding
I Just wanted to make sure everyone who wants to bid on any of the domains at the Live TRAFFIC show tomorrow, and can't be at the show, knows that for the first time you will be able to bid on the domains, live, remotely along with the crowd. You do need to have a snapnames.com account, which will be using their system for the remote live bidding. You will also have to download their bidding … [Read more...]
Microsoft Will Not Increase It’s Offer/ Proxy Battle Coming/ Yahoo Passes Severance Plan
According to reports published today, Microsoft will not increase its bid for Yahoo above the $31 a share offered two weeks ago. The same reports states that Microsoft will instead authorize a proxy battle for Yahoo. According to the report Microsoft would nominate a slate of directors by March 13, if Yahoo's board does not enter merger talks with Microsoft. It was estimated that a proxy fight … [Read more...]