Auction to Finally Go Ahead

The on-again/off-again sale of the domain name has been given the green light with creditors reaching an agreement to put one of the most valuable domain names up for sale.The sale of the domain name by auction had been set down for March 18, but creditors of the company that owns, Escom, took out legal action, filing an involuntary bankruptcy proceeding claiming they were owed more than $10 million.But an agreement has been reached and the sale is likely to occur in the very near future.