google £1m domain name bet cheap at half the price - Independent

[A D]

£1m 'domain' name bet cheap at half the price
Independent, UK - 6 hours ago
By Nic Fildes. The Internet Business Group (IBG) has spent more than £1m to get hold of three domain names. Ironically, the web ...
Internet Business Group buys two websites from Cheapflights for ... Life Style Extra
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[sags]

He has an interesting opinion of domain names....

"Maziar Darvish dismissed concerns that the deal was anything but cheap. "That perception is understandable but this is a strategic acquisition," said , the chairman and chief executive of IBG. "I agree that in their own right, domain names are worthless," he added."

His company bought the domain names because they are drawing significant parking revenue that they hope to enhance.

 

[VioxxLawyers]

Great sale!