23 Jan '14, 3pm

Nat Cohen sells for $175k to company that filed UDRP against the domain name

Company pays up after playing dirty in domain name negotiation. This week’s DNJournal sales report includes a $175,000 sale of LGG.com. When reviewing the report, I instantly knew this domain name was familiar. Sure enough, I’ve written about it before. The company that just bought the domain name, a Finnish dairy company called Valio Ltd, filed a UDRP against Telepathy (owned by domain investor Nat Cohen) last year in an effort to get the domain name . Telepathy prevailed in the case. So Valio returned to the negotiating table to try to secure the domain name. The details of the UDRP show that Valio offered $10,000 for the domain name and that Cohen asked $175,000. Now Valio has paid the full asking price. You might think to yourself “Hey, shouldn’t the price go up because Valio played dirty?” Although I don’t know all of the details here, I suspect it did go up in price....

Full article: http://domainnamewire.com/2014/01/23/nat-cohen-sells-lgg-...

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