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LasVegas.com SOLD For Up To $90 Million Dollars

| Sell Domain Name | November 6, 2015

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George Kirikos spotted an SEC document showing that Vegas.com purchased LasVegas.com in 2005, for what could be up to a $90 Million Dollars.

“In June 2005 , VEGAS.com, LLC entered into an agreement for the purchase of LasVegas.com on the following terms:

The agreement specified that a $12,000,000, one-time payment be made upon execution of the agreement along with monthly payments of approximately $83,000 for 36 months, $125,000 for the next 60 months, and then $208,000 for the next 36 months.

Per the terms of the agreement, after June 30, 2016, following the 132 initial monthly payments, VEGAS.com, LLC in its sole discretion may terminate the agreement and forfeit the domain name.

Read the more at Thedomains.com

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