Brief: Rightside Group Ltd says signed a definitive agreement for sale of eNom to Tucows Inc

Tucows

20/01/2017 13:30

Jan 20 (Reuters) - Rightside Group Ltd  NAME.O  
    * Rightside Group Ltd says signed a definitive agreement for 
sale of eNom to Tucows Inc 
    * Rightside Group Ltd says deal for $83.5 million 
    * Rightside Group Ltd says Rightside will receive $76.7 
million of net cash proceeds from transaction, net of working 
capital adjustments 
    * Rightside Group Ltd says following deal, Rightside will 
continue to evaluate strategic options, including potential use 
of proceeds from divestiture 
    * Rightside Group Ltd says as part of Tucows, eNom will 
continue to be a distribution partner for Rightside's new gTLDs 
 
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