Hosting and domain names

YellowPages Buys YP.com for $3.85 Million
comment No Comments Written by on December 31, 2008 – 3:52 am

I just saw a story on TechCrunch reporting that AT&T’s YellowPages have purchased the domain name YP.com from the company LiveDeal for a massive $3.85 Million - also confirmed by an SEC filing.

It’s interesting to also note that the publicly listed company’s (LiveDeal’s) market cap is at just over double that amount ($8.53M).

In any case, nice deal all around.

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