George Kirikos spotted an SEC document showing that Vegas.com purchased LasVegas.com in 2005, for what could be up to a $90 Million Dollars. "In June 2005 , VEGAS.com, LLC entered into an agreement for the purchase of LasVegas.com on the following terms: The agreement specified that a $12,000,000, one-time payment be made upon execution of the agreement along with monthly payments of … [Read more...]
Autobytel Buys Dealix, Owner Of UsedCars.com In $25 Million Deal
Publicly traded Autobytel Inc. (Nasdaq: ABTL) has acquired Dealix, owner of UsedCars.com for $25 Million in an all cash deal. The registrant for the domain name UsedCars.com was CDK Global, LLC and they are a wholly-owned subsidiaries of Dealix. The transaction took place May 21, 2015 according to a press release by Autobytel. Autobytel is no stranger to premium generic domain names as they … [Read more...]