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
T: +61 2 61402408  M: +61 404072753
mailto:[email protected]  aim://kimholburn
skype://kholburn - PGP Public Key on request


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