The November 22nd auction in London of 303 Internet Domain Names (IJ Nov. 13) failed to produce a buyer, as bids fell below the £ 1 million ($1.4 million) minimum reserve price.
Nevertheless bidding on the three sets of 101 names, all ending in “Insuring” dot com, dot net, or dot co.uk, went up to £730,000 ($1.02 million), showing substantial interest in them.
The owner, Transglobal Sales, still wishes to sell the Domain Names, but for a higher price than the auction bid. The most plausible candidate would seem to be Dutch financial services giant ING, as they’re already part of the name.
Was this article valuable?
Here are more articles you may enjoy.
Ex-Lloyd’s CEO Lost $17 Million AIG Job After Office Romance 
Insurance Customers Skeptical About AI Processes and Benefits 
Death of Teenager on Carnival Cruise Ship Ruled a Homicide 
Lawsuit Over Burger King’s Whopper Ads Set Back by Federal Judge 
