Indian based firm Elephant Capital have announced they have picked up a 50% stake in Global Cricket Ventures Ltd (GCV) – the firm that owns the exclusive licenses for digital and mobile rights to the Indian Premier League (IPL) and owns the domain name cricket.com.
The part acquisition is reported to be worth $10 million.
As reported here, the domain name Cricket.com was recently sold to GCV by LiveCurrentMedia for $1.75 million in one of a number of blockbuster domain name sales Read more »
