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01|04|2011 02:12 pm EDT Reserve Price Set to $9 Million USD?

by Frank Michlick in Categories: Domain Sales, Up to the Minute

As reported in November, Media Corp is planning to sell their domain with the help of Sedo in order to fund further acquisitions. According to The Times (paid access) it appears that the reserve has now been set at $9 million USD, which is less than half of the original purchase price for the site for $20 million USD in May of 2005, according to the Wall Street Journal on The Australian.

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January 10, 2011 @ 7:45 am EDT

Oh my god thats really high!!!

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