Donuts buyout of Rightside to happen overnight

Rightside ought to no longer exist as a public firm tomorrow morning.

The sun has gone into hiding and a mist is falling in Seattle this morning, but executives at Rightside and Donuts won’t be getting much time outside anyway. They’ll be working to complete Donuts’ buyout of its neighbor in Kirkland.

The tender offer for shares of Rightside (NASDAQ:NAME) expired at midnight this morning with 92% of shares tendered. That’s well above the 50% required for the buyout to go through. The two firms are working today to complete the buyout by tomorrow morning ahead of the NASDAQ opens. This means that, barring any last minute hitches, Rightside will cease to be a publicly traded firm tomorrow morning.

Donuts will now have regarding 240 top level domains in its stable, plus retail registrar Name.com and a sizable portfolio of .com domain names. It will be interesting to see if Donuts holds onto the non-TLD assets. Alas, as a private firm, we won’t have as much insight into what the firm does as we had with Rightside.