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Thursday, Nov 1
2012, 2:20 PM
Verisign (VRSN +10.4%) soars after providing details about an '06 amendment to a Cooperative...
Verisign (VRSN +10.4%) soars after providing details about an '06 amendment to a Cooperative Agreement it signed with the Commerce Department. The amendment states Verisign won't renew its deal to run the .com domain name registry without the department's approval, but also states there's an "expectancy of renewal." Verisign adds it believes the DOJ has "substantially concluded its own review process" - shares had sold off on worries about the DOJ/DOC reviews. (PR)