From Would-be .org gobbler Ethos Capital promises to keep prices down in last-ditch effort to keep $1.1bn deal alive
The .org game of shoots and ladders goes on. A shell game looking for a sucker.
ICANN has received confidential information from Ethos/PIR about the various companies but notes in its new letter: â€œICANN requested certain information regarding the directors and officers of the post-transaction entities (and Affiliates). PIR has provided information with respect to four individuals who will serve on the Board of Managers of Purpose Domains Investments LLC. There are five seats on that Board of Managers. Please identify the fifth director.â€
And if you think all of that sounds suspicious, youâ€™re not the only one. The Electronic Frontier Foundation (EFF) has approached the Federal Trade Commission (FTC) asking it to â€œreview the leveraged buyoutâ€ and asked ICANN to publish the information it does have.