Tag Archives: photon group

Sun 29th November 2009
Written by DomainNameWire in EN and tagged
Dark Blue Sea Accepts PGA Buyout, What Does it Mean for Fabulous? - Photon Group to acquire Dark Blue Sea. Does a nickel make all the difference in the world? Dark Blue Sea has accepted (pdf) Photon Group’s takeover bid after Photon upped its offer from 30 cents per share to 35 cents per share. In a joint statement, Dark Blue Sea Chairman Vernon Wills stated “We are pleased with the increased offer. It is in the best interests of DBS that this transaction is concluded as promptly and efficiently as possible.” Let’s rewind ... read more ...
Mon 17th August 2009
Written by DomainNameWire in EN and tagged
Dark Blue Sea Hires Advisor, Defeats Board Resolutions - Domain company wins board battle but hires outside firm to consider strategic options. Dark Blue Sea has hired an advisor to explore the company’s strategic options, and has won a challenge to its board makeup. The company, which operates domain registrar and parking company Fabulous, hired mid-market advisory firm Allier Capital to help it “explore a range of strategic options”, the company announced. The company has been shopping around its service businesses ... read more ...
Mon 10th August 2009
Written by DomainNameWire in EN and tagged
Photon Group Continues to Buy Dark Blue Sea Shares - Battle over Fabulous’ parent company continues to escalate. Photon Group Limited, which is trying to force out the Chairman of the Board of Dark Blue Sea and place two of its own on the board, continues to buy shares in Dark Blue Sea. According to a regulatory filing (pdf), Photon has acquired nearly 1.8 million shares of Dark Blue Sea (DBS.AX) on the open market since the beginning of July. The biggest acquisition was 1.227M shares on August 5 for 25 cents each. ... read more ...
Thu 9th July 2009
Written by DomainNameWire in EN and tagged
Board Battle Erupts during Dark Blue Sea - Outside shareholders push to remove Chairman. A battle over domain company Dark Blue Sea’s (ASX: DBS) Board of Directors has erupted, with a significant shareholder calling for an Extraordinary General Meeting to remove the existing Chairman and insert two of its own to the board. Photon Group Limited, which owns about 28.25% of the company, called for the meeting and election. The group cites a nearly 75% drop in year-over-year profits for pushing for the change. ... read more ...