Shareholders vote to proceed with the sale.
Shareholders in MMX (aka Minds + Machines) voted today to approve a sale of the company’s assets to GoDaddy.
The decision is not a surprise; MMX already said it had enough votes to approve the sale.
Further approvals are needed to complete the deal, including Chinese government approval for the change of control of MMX China and several third-party approvals related to individual top level domains.
Once completed, GoDaddy will be the registry for 28 top level domain names including .VIP, . work and .XXX.
The deal was announced earlier this month along with acquisitions of .design and .club.
Short domains are the best domains. Three to five word domains are almost exclusively promoted by derps.
Survival of the fittest. Vertical Acquisitions are less scrutinized than Horizontal ones’