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Sex.com domain sold for $13 million

Posted by John Kilhefner Categories: Corporate News, Internet

Sex.com

In perhaps the only instance in America where it is okay to sell sex for money, Clover Holdings Ltd successfully bid on the Sex.com domain name up for sale by its owners Escom LLC.

Escom was forced to sell the incredibly valuable domain name after filing for bankruptcy. In May, Escom hired Sedo.com to help find buyers for the domain name which they bought for $14 million back in 2006.

The deal has not yet been accepted by the bankruptcy court, but we suspect that it will soon be finalized. Whatever Clover Holdings Ltd plans to do with the domain name is not known, but whatever it is, we’re sure it will be sexy.

Read More | Reuters

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