Sex.com for sale

Sex.com, one of the most valuable Internet domain names, will go up for auction next week after the previous owner defaulted on its debts. Escom LLC paid a reported $14 million for the Web site in 2006. But the company failed to repay debt owed to DOM Partners LLC, the New Jersey-based lender that helped finance the deal.

The auction is set for March 18 in New York, and bidders are required to appear with a certified check for $1 million to participate. Could sex.com fetch double digits million in the next sale?

Source: Sex.com domain goes up for grabs

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