[Advisors] Fwd: [IP] Sale of .org domain registry delayed by California attorney general

[Brian Beaton]

Thanks for this one Evan .. Maybe I missed something along the way here but why would there be this $360M debt? Is it because the size of the sale offer of $1.1B? Makes me really wonder about these so-called hedge funds and the tax games they play .. How can they ever be trusted?

 

“The Public Interest Registry, a Pennsylvania-based nonprofit overseen by the Internet Society, would have been spun off as a private company saddled with $360 million in debt.”

 

From: Evan Leibovitch <evan at telly.org>
Date: Friday, May 1, 2020 at 1:00 PM
To: Marita Moll <mmoll at ca.inter.net>
Cc: Brian Beaton <brianbeaton at knet.ca>, TC Advisors <advisors at tc.ca>, Susan O'Donnell <susanodo.unb at gmail.com>
Subject: Re: [Advisors] Fwd: [IP] Sale of .org domain registry delayed by California attorney general

 

There's a very nice day-after piece written for the LA Times that examines the implications.
https://www.latimes.com/opinion/story/2020-05-01/org-domain-sale-icann-ethos

 

- Evan

 

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