Squatters Are Screwed; Nobody Cares If Your Domain Has That Hot New Suffixby techcrunch

A SEC filing has now revealed that YellowPages acquired the domain name for a cool $3,850,000 in cash payment. That’s a lot of money for an admittedly valuable domain name, especially during this economic downturn. It probably didn’t hurt that YP.com was actually operational and generating revenue for LiveDeal, but we should also note that this amount is roughly half of the publicly listed company’s current market cap.
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