Vegas.com Sold For Up To $38 Million With $15.5 Million In Cash, But.....
www.thedomains.com
$15.5 million in cash
$9.5 million in shares of stock in Remark.
$10 million in five-year warrants to purchase shares of common stock in Remark at an exercise price of $9.00 per share and
Up to a total of $3 million in Earn out payments based on the performance of Vegas.com in the years ending December 31, 2016, 2017 and 2018
According to the AP story Vegas.com gets 3.4 million visitors a month and Remark Media based out of Las Vegas board includes “Las Vegas Strip executives connected to the Venetian and Palazzo hotel-casinos, CityCenter resorts and the Tao group of nightclubs”.
#acquisitions #domains #remark_media #empires #news #piggyback_domain_sites #pub
Collect and share the web
Get started for free