ICANN has confirmed it is to review the sale by PIR of .ORG to Ethos Capital after receiving many questions over the deal.
Today, we sent PIR an additional information request to ensure that we have a full understanding of this proposed acquisition. We have asked PIR to provide information related to the continuity of the operations of the .ORG registry, the nature of the proposed transaction, how the proposed new ownership structure would continue to adhere to the terms of our current agreement with PIR, and how they intend to act consistently with their promises to serve the .ORG community with more than 10 million domain name registrations.
ICANN will thoroughly evaluate the responses and then ICANN has 30 additional days to provide or withhold its consent to the request.
Earlier
.Org Registry Acquired By Private Equity Company [webmasterworld.com]