PR Domain Wire – San Fransisco / CA – Via Internet News
Global hedge fund managers, Unethical Capital LLC, has acquired veteran domain industry underdog registry, RIP.
The all-cash transaction was welcomed by financial analysts, all while receiving the blessings of Internet overseer, ICANNT.
“We are super happy with this acquisition that places our company among the top echelons of domain name registries,” said Unethical Capital LLC CEO, Rami Scheherazade.
“Millions of dollars in fees will start pouring in as soon as the board of directors approves this chunky deal, and we are excited about the prospects of technology growth for the next 30-40 years,” added Scheherazade, smiling.
ICANNT officials are apparently blessing the domain registry acquisition, referring to the transaction as “a healthy capitalist move” that will definitely benefit the top 1% of wealth holders in the US.
“As a non-profit organization that does not rely on US scrutiny to perform its global functions, we are delighted by the news,” said ICANNT CEO, Mike Hunt.
“I’m looking forward to meeting the new folks who will operate RIP from now on, their domain names will most likely appreciate in value and their assorted renewal fees will skyrocket as well,” added Mike Hunt of ICANNT, lighting up a Cuban cigar.
News of the acquisition is taking the domain industry by storm, as it’s a clear indication of expected prosperity among the already rich.
Unethical Capital LLC acquired RIP registry
In other news, former internet mob boss Fadi Gotti is wanted for questioning by the Financial Crimes Enforcement Network (FinCEN) over allegations of insider trading.