10|20|2010 01:33 pm EDT
According to The Register, the domain name Sex.com has sold for $13 million USD to “Clover Holdings”, which put forward the highest bid amongst the 12 bidders. The buyer is “based on the Caribbean island of Saint Vincent, and the email address listed in court documents is @hushmail.com, the privacy-conscious webmail service“.
The deal [ed. brokered by Sedo] is subject to bankruptcy court approval. Escom sought a hearing on an accelerated timetable, which was granted yesterday. The hearing will be held next Wednesday, 27 October.
Should the deal fall through the domain name may still go to public auction.