Cannell

  • Activist investor says eNom was sold too cheap

    … J Carlo Cannell, the activist investor who has been circling Rightside for the last year or so, was unimpressed with the company’s recent sale of eNom to Tucows. In a letter published as a Securities and Exchange Commission filing last week, Cannell announced that he has started up a support group for fellow “concerned” investors…

    Kevin Murphy/ DomainIncite- 23 readers -
  • Rightside sells eNom to Tucows for $83.5m

    … the undisputed volume leader in the reseller world and the second-largest registrar overall. GoDaddy, the DUM leader, had about 55 million domains just in gTLDs at the last count. Tucows CEO Elliot Noss told analysts that the deal, along with the April 2016 acquisition of Melbourne IT’s reseller business, were “individual opportunistic transactions”. He…

    Kevin Murphy/ DomainIncite- 33 readers -
  • Rightside refuses Donuts “opportunistic” $70m gTLD offer

    … dissatisfaction with Rightside’s success rate with new gTLDs today. Activist investor J Carlo Cannell and Uniregistry CEO Frank Schilling, both of whom own small but significant chunks of Rightside, have called on the company to get rid of some of its under-performers. By announcing the offer publicly — apparently after months of private offers…

    Kevin Murphy/ DomainIncite- 26 readers -
  • Rightside to modernize eNom, predicts $75m new gTLD revs

    … Rightside used its first quarter earnings call yesterday to address, albeit indirectly, some of the criticisms recently leveled at it by activist investors and competitors. CEO Taryn Naidu revealed for the first time how the company sees the new gTLD market playing out in the longer term. He said than in three to five years, Rightside expects…

    Kevin Murphy/ DomainIncite- 14 readers -
  • Rightside rejects Negari’s $5m new gTLD offer

    … Rightside has turned down Daniel Negari’s $5 million offer to acquire four of its new gTLDs, according to Negari. The XYZ.com CEO told DI via email tonight: I was looking forward to operating .Army, .Dance, .Dentist, and .Vet under the XYZ umbrella. I’m disappointed that Rightside didn’t entertain my offer, especially since I believe $5MM…

    Kevin Murphy/ DomainIncite- 17 readers -
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