KBTX - Money - Headlines

Maryland Man Sells Pizza.com For $2.6 Million

By: AP
By: AP

POTOMAC, Md. (AP) - A Maryland man has sold the Web domain
pizza.com for millions of dollars.
Chris Clark, of North Potomac, says he purchased the name for
$20 about 14 years ago. He sold it Thursday at an online auction
for more than $2.6 million. To celebrate, he and his family held -
what else? - a pizza party.
The 43-year-old native of Queens, N.Y., ran a Web
site-consulting service in 1994 when he bought pizza.com hoping to
persuade a pizzeria to do business with him. But there weren't any
takers, and Clark maintained the Web site as a pizzeria directory
ever since. He decided to sell after hearing about other big sales
involving domain names.
The bidding opened March 27 at $100 on the Web site Sedo.com.
The winner remains anonymous.
Information from: New York Post, http://www.nypost.com

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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