SEC filings show valuation of Rightside business and disclose deal value of registry services. There are a couple interesting tidbits in SEC filings for Donuts acquisition of Rightside (NASDAQ:NAME) that are worth sharing as they could be important to ... Continue ReadingLeave a Comment
Here’s the latest on Donuts acquisition of Rightside
· UncategorizedDonuts' purchase of Rightside might be coming to a conclusion. There has been a bit of activity regarding Donuts acquisition of Rightside (NASDAQ:NAME). Offer issued: The tender offer was issued on June 27 and is valid until July 26, 2017 at ... Continue ReadingLeave a Comment
Rightside gets its first shareholder lawsuit after acquisition announcement
· ServicesUnsurprisingly, Rightside has been sued after announcing its planned sale to Donuts. The lawyers are circling. Seattle law firm Breskin Johnson & Townsend PLLC has filed a lawsuit (pdf) on behalf of Rightside (NASDAQ:NAME) shareholder Susan ... Continue Reading4 Comments
Analyzing Donuts’ deal to acquire Rightside
· Domain RegistrarsRightside had to sell and Donuts is the logical buyer. Last week, Donuts agreed to acquire Rightside (NASDAQ: NAME) for $213 million. As luck would have it, I was vacationing in Costa Rica when the deal was announced. I gave some initial thoughts right ... Continue Reading8 Comments
Cannell pushes for more independent board at Rightside
· UncategorizedInvestor wants other Rightside shareholders to vote "no" again this year. Investor J. Carlo Cannell, whose clients collectively own about 8.5% of Rightside (NASDAQ:NAME), is continuing to push for changes to the company's board. On Friday, Cannell ... Continue Reading3 Comments
J. Carlo Cannell may push for Rightside board shakeup (again)
· UncategorizedActivist investor toys with proposing his own board candidates. Investor J. Carlo Cannell, whose investment firms own 8.7% of outstanding shares of Rightside (NASDAQ:NAME)stock, might push for his own slate of three directors for the company's board at ... Continue Reading2 Comments
Rightside lays out the future
· UncategorizedCompany paints its vision of the future as it continues to face growth challenges. Rightside released its first earnings statement and held its first investor in its post-eNom reality yesterday. Here's my take: The business going forward The ... Continue Reading2 Comments
Yeah, so J. Carlo Cannell still isn’t very happy with Rightside
· Domain RegistrarsCannell is ready to step up his fight against Rightside. So Rightside (NASDAQ: NAME) sold eNom to Tucows. What does investor J. Carlo Cannell think? As you might expect, he's kind of pissed. But his rationale is a bit odd. You might recall that ... Continue Reading13 Comments
Tucows expects $20 million EBITDA/year from “opportunistic” eNom acquisition
· Domain RegistrarsTucows expects fast contribution from eNom, which has booked losses at Rightside. Domain name and communications company Tucows (NASDAQ:TCX) didn't plan to acquire two domain name businesses over the past year, but the opportunities were too good to ... Continue Reading4 Comments
Tucows acquires eNom from Rightside
· Domain RegistrarsTucows consolidates domain reseller platforms in $83.5 million transaction. Earlier this week I warned you to be on the lookout for big news over the next few days. Here it is. Tucows (NASDAQ:TCX) has acquired Rightside's (NASDAQ:NAME) eNom business ... Continue Reading19 Comments