Web.com Acquires Network Solutions for $405 Million + Stock

In case anyone is unaware, Web.com is a pretty evil company.

From my experience with them, their practice is to sign up businesses to build a website, but Web.com retains ownership of the domain name. They make it difficult and costly to move the domain away, as they're the true owners. When I last interacted with them, I believe the exit fee was something like $150 to have the domain the customer already thought they purchased be placed in the customer's name.

In that way, I suppose acquiring Network Solutions makes sense.

Interesting history: VeriSign acquired Netsol for $21 Billion in 2000, and then sold them to Pivotal Equity Group in 2003, but did not include in that sale Netsol's role as the sole registry for .com/net/org TLDs. Today VeriSign's naming division is the company’s "largest and most significant business unit".

http://en.wikipedia.org/wiki/Network_Solutions

http://en.wikipedia.org/wiki/VeriSign

How do they have enough money to do this? Web.com's (WWWW) market cap is only 236.51M according to Yahoo Finance.