Mixed results for domain name stocks in 2009. The U.S. stock markets returned about 35% in 2009. Domain name stocks were a mixed bag, however. Here's how six publicly traded companies fared last year, based on the closing price December 31 of 2008 ... Continue Reading1 Comment
Dark Blue Sea Accepts PGA Buyout, What Does it Mean for Fabulous?
· Domain RegistrarsPhoton Group to acquire Dark Blue Sea. Does a nickel make all the difference in the world? Dark Blue Sea has accepted (pdf) Photon Group's takeover bid after Photon upped its offer from 30 cents per share to 35 cents per share. In a joint ... Continue Reading13 Comments
Photon Group Submits Formal Takeover Offer for Dark Blue Sea
· Domain RegistrarsGroup submits plan to takeover Fabulous' parent company. Photon Group has submitted its formal share purchase statement (pdf) for its planned purchase of outstanding Dark Blue Sea shares. Dark Blue Sea is the parent company of domain name registrar ... Continue Reading3 Comments
Dark Blue Sea and GoDaddy Get Back Together
· Domain RegistrarsAustralian domain company signs new sales agreement with Go Daddy. Dark Blue Sea, parent company of Fabulous, has had a rough year. It probably hit bottom back in July, when GoDaddy pulled out of a sales distribution agreement with the ... Continue Reading4 Comments
Takeover Bid Launched for Dark Blue Sea
· Domain RegistrarsPhoton launches takeover of Dark Blue Sea. Photon Group has launched a takeover bid for Dark Blue Sea, parent company of Fabulous. Photon currently owns 30.55% of all issued ordinary shares of Dark Blue Sea. The company is offering to buy ... Continue Reading9 Comments
Domain Distribution Network Partners with Moniker
· Domain RegistrarsSales network picks up inventory and distribution. Dark Blue Sea's Domain Distribution Network (DDN) has partnered with Oversee.net and its Moniker and SnapNames divisions. Customers that have their domain names at Moniker and list them for sale can ... Continue Reading7 Comments
Dark Blue Sea Profit Plummets 74%
· Domain RegistrarsCompany's portfolio still profitable, but challenges abound. Dark Blue Sea has reported its annual results for the period ending June, and it isn't pretty. The company reported profits plunged 74.38% to only $695,955 AUD for the year. This is well ... Continue Reading13 Comments
Dark Blue Sea Hires Advisor, Defeats Board Resolutions
· Domain RegistrarsDomain company wins board battle but hires outside firm to consider strategic options. Dark Blue Sea has hired an advisor to explore the company's strategic options, and has won a challenge to its board makeup. The company, which operates domain ... Continue Reading1 Comment
Photon Group Continues to Buy Dark Blue Sea Shares
· Domain RegistrarsBattle over Fabulous' parent company continues to escalate. Photon Group Limited, which is trying to force out the Chairman of the Board of Dark Blue Sea and place two of its own on the board, continues to buy shares in Dark Blue Sea. According to a ... Continue Reading4 Comments
GoDaddy Delivers a Blow to Dark Blue Sea
· Domain RegistrarsEnd of sales agreement could have broad implications for Australian domain company. It's been a rough year for Dark Blue Sea (ASX: DBS), parent company of Fabulous. Its profits are down by three quarters, it has cut half its staff, and one of its ... Continue Reading9 Comments
