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  • Donuts Proposal Response Letter - Rightside Group

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    Todd Bishop
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    Rightside Group of Kirkland, Wash., this morning rejected a public bid by Bellevue, Wash.-based Donuts to acquire its registry of domain names for $70 million, and said it will not consider the proposal further.

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    Rightside Group of Kirkland, Wash., this morning rejected a public bid by Bellevue, Wash.-based Donuts to acquire its registry of domain names for $70 million, and said it will not consider the proposal further.

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    © All Rights Reserved
    Als PDF herunterladen oder online auf Scribd lesen
    Markieren Sie unangemessene Inhalte
    2K Ansichten1 Seite

    Donuts Proposal Response Letter - Rightside Group

    Hochgeladen von

    Todd Bishop
    Rightside Group of Kirkland, Wash., this morning rejected a public bid by Bellevue, Wash.-based Donuts to acquire its registry of domain names for $70 million, and said it will not consider the proposal further.

    Copyright:

    © All Rights Reserved
    Als PDF herunterladen oder online auf Scribd lesen
    Markieren Sie unangemessene Inhalte
    von 1
    July 5, 2016 sons | Via email: paul@donuts.co 5808 Lake Weshington Blvd NE Kirkland, WA 98033 Donuts Inc. Board of Directors clo Paul Stahura 10500 NE 8" Street w Bellevue, WA 88004 Dear Paul After careful evaluation, Rightside's Board of Directors has determined that Donuts’ recent unsolicited proposal significantly undervalues Rightside’s Registry assets and {ails to reflect the upside of Rightside’s long-term strategic value initiatives and is ww therefore not in the best interests of Rightside's shareholders. Accordingly, the Board has rejected Donuts’ offer and does not believe any further discussion is warranted on this proposal a Sincerely, Taryn Naidu CEO cc: Rightside Group, Ltd. Board of Directors Tracy Knox, CFO Rick Danis, General Counsel & Corporate Secretary Patrick J. Schultheis, Esq., Wilson Sonsini Goodrich & Rosati, P.C rightside co

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