January 20, 2017 / 4:58 PM / in a year

BUZZ-Rightside Group, Tucows jump after eNom deal

** Domain name services provider Rightside Group Ltd’s shares up as much as 18.6 pct at $9.65 - biggest intraday pct gain in nearly 2 years

** Co’s wholesale domain name registrar, eNom, to be bought by Tucows Inc for $83.5 mln

** Tucows’ U.S. shares up as much as 18.3 pct at over 16-year high of $43 and its Toronto stock jump 18.1 pct to record high of C$57.30

** Deal to give Tucows a total network of over 40,000 resellers globally and 29 mln domains under management

** More than Rightside 329,599 shares traded, 9.2x their 25-day moving avg

** Up to Thursday’s close, Rightside stock had risen nearly 7 pct in the past 12 months, while Tucows had nearly doubled

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