[LINK] ICANN Board Blocks The Sale Of The .Org Registry

[Kim Holburn]

https://www.techdirt.com/articles/20200430/21491244419/icann-board-blocks-sale-org-registry.shtml


I note this comment on the article:

https://www.techdirt.com/articles/20200430/21491244419/icann-board-blocks-sale-org-registry.shtml#c160


> Uh, no
> 
>     "I can at least recognize that the people on the ISOC side at least were honestly trying to do what they believed made the most sense for everyone. "
> 
> If the buyer were to pay cash, maybe I could believe that. But a leveraged buyout, where the organization being "purchased" has to take on the debt instead of the buyer? No way. That's not a purchase, that's a straight up multi-million dollar gift to the new owners, and any such "sale" should be considered a breach of the fiduciary duty of the board of directors.
> 
> Why would the ISOC sell a cash cow like the .org registry? It's a violation of it's public interest bylaws.
> 
> Leveraged buyouts need to be banned.
> 



-- 
Kim Holburn
IT Network & Security Consultant
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