January 20, 2017 / 1:53 PM / 9 months ago

BRIEF-Rightside Group Ltd says signed a definitive agreement for sale of eNom to Tucows Inc

Jan 20 (Reuters) - Rightside Group Ltd

* Rightside Group Ltd says signed a definitive agreement for sale of eNom to Tucows Inc

* Rightside Group Ltd says deal for $83.5 million

* Rightside Group Ltd says Rightside will receive $76.7 million of net cash proceeds from transaction, net of working capital adjustments

* Rightside Group Ltd says following deal, Rightside will continue to evaluate strategic options, including potential use of proceeds from divestiture

* Rightside Group Ltd says as part of Tucows, eNom will continue to be a distribution partner for Rightside’s new gTLDs Source text for Eikon: Further company coverage:

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