sex.com sells for $13 million
- SEO |
Sex.com, widely considered to be among the most valuable web addresses in the world, was sold for $13 million by its bankrupt owner, Escom.
In court papers filed on Monday, the company said Clover Holdings was the successful bidder for the domain name. The deal is yet to be approved by the bankruptcy court.
It was not immediately clear what Clover Holdings plans to do with the web address.
In May, Escom reached an agreement with its creditors to auction the sex.com name and hired Sedo.com, a domain name marketplace, to find potential buyers.
Escom reportedly bought the domain name for $14 million in 2006.
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