CentralNic has announced that it has entered into an agreement to sell a number of premium domain names for a total consideration of US$3.4m in cash. The proceeds will be used to accelerate growth within the Group, as the business continues to focus on growing the recurring revenue base.
07 Nov 2017
Sale of premium domain names for US$3.4m
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Sale of premium domain names for US$3.4m
Team Internet Group plc (TIG:LON) | 139 -0.3 (-0.1%) | Mkt Cap: 359.3m
- Published:
07 Nov 2017 -
Author:
Bob Liao, CFA -
Pages:
4
CentralNic has announced that it has entered into an agreement to sell a number of premium domain names for a total consideration of US$3.4m in cash. The proceeds will be used to accelerate growth within the Group, as the business continues to focus on growing the recurring revenue base.