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iGoldRush Blog   October 2010 Sells for $13 Million

October 24, 2010 in News

New court filings show a proposed $13 million dollar sale of to Clover Holdings Limited.

The sale of the domain was brokered by Sedo on behalf of the owner, Escom, who had filed for bankruptcy. Sedo had been engaging in private negotiations, but was going to hold an open auction had those negotiations fallen through.

The sale needs to be approved by the court, but once approved, it will be the largest all-cash domain sale. However, the first several million will need to go to creditors.

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