Saturday, December 16, 2006 - Expensive Drink!

Not an online auction this time, but a short piece of domain news.

SAN FRANCISCO (Reuters) - The billionaire Russian entrepreneur behind Russia's biggest vodka maker has paid $3 million to acquire the domain, part of a bid to expand into the U.S. market, a broker said on Thursday., the Web domain brokering unit that is part of Germany's United Internet AG, said it had acted as the sales agent in the deal.

Conglomerate Russian Standard Co., controlled by Roustam Tariko, paid $3 million to an undisclosed seller in a deal completed December 4, according to a spokesman. A New York-based spokeswoman for Russian Standard confirmed the $3 million price tag

For a drink made from potatoes, $3 million is no small potatoes in anyone's book.
Read more here.

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