Rightside and Donuts Announce ICANN Consent
RIGHTSIDE GROUP LTD (NAME)
Last rightside group ltd earnings: 5/9 04:05 pm
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US:NASDAQ Investor Relations:
donuts.domains/rightside-is-now-part-of-donuts-inc
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Source: GlobeNewswire
KIRKLAND, Wash., July 17, 2017 (GLOBE NEWSWIRE) -- Rightside Group, Ltd. (NASDAQ:NAME) and Donuts Inc. today announced that the Internet Corporation for Assigned Names and Numbers (ICANN) gave Rightside and Donuts notice on July 15, 2017 of ICANN’s express consent to the transactions contemplated by the merger agreement (the “Transactions”) among Donuts, DTS Sub Inc., a wholly owned subsidiary of Donuts, and Rightside, which Transactions include the previously announced tender offer by DTS Sub Inc. to purchase all issued and outstanding shares of Rightside common stock. Together with the advance notice provided by Rightside (on behalf of itself and its subsidiaries) of the Transactions and the related change of control to ICANN on June 14, 2017, ICANN’s express consent to the Transactions with respect to Rightside and its applicable subsidiaries satisfies one of the conditions to the tender offer. The completion of the tender offer is conditioned upon the valid tender (without with
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