WSJ buries the lead, misses domain side of story »
By admin on May 31, 2007 in press, deals | 0 Comments
How Najafi Cos. Hit The Buyout Jackpot - WSJ.com
Did you hear? Najafi Cos. sold Network Solutions for a cool $800M (and a 3500% profit). Nice…and encouraging for the domaining set.
Interestingly, the Wall Street Journal article on the deal focuses on the private equity aspect of the story…and all but misses the underlying domain aspect of the story. I know private equity LBO’s are shaping up to be the financial story of 2007, but it’s too bad they missed the “there’s gold in them thar hills” angle.
Schilling has more.
