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WSJ Reports GoDaddy Up For Sale
lexipixel

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 4330949 posted 7:14 am on Jun 25, 2011 (gmt 0)

Got a couple billion in spare change laying around?

...if so, you too can put in an offer to buy GoDaddy.

The Wall Street Journal is reporting that tentative buyers are expected to pay $2-$2.5 Billion for the company.

[online.wsj.com...]

 

tangor

WebmasterWorld Senior Member tangor us a WebmasterWorld Top Contributor of All Time 5+ Year Member Top Contributors Of The Month



 
Msg#: 4330949 posted 9:01 am on Jun 25, 2011 (gmt 0)

Have enough migraines already... I'll pass... :)

lexipixel

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 4330949 posted 8:45 pm on Jun 25, 2011 (gmt 0)

You sure? 'Cause I think Bob is giving a free elephant hunting rifle with the purchase.

[youtube.com...]

bw100

5+ Year Member



 
Msg#: 4330949 posted 7:27 pm on Jun 26, 2011 (gmt 0)

These investment firms tend to do these deals as Leveraged Buyouts: borrow most of the money, and then find a way to use the cash flow from the acquisition to pay-off the loan. Often it results in a combination of price increases and reduced staffing at the acquired firm. In the case of GoDaddy, we can probably also expect to see additional offers to wade through on the way to the checkout page. We'll see. It might be time for those affected to review available registrar options.

koan

WebmasterWorld Senior Member 5+ Year Member



 
Msg#: 4330949 posted 7:58 pm on Jun 26, 2011 (gmt 0)

we can probably also expect to see additional offers to wade through on the way to the checkout page


I don't think people have enough RAM to handle more Godaddy check out offers ;)

bw100

5+ Year Member



 
Msg#: 4330949 posted 1:01 pm on Jul 2, 2011 (gmt 0)

GoDaddy Sold for $2.25 billion

Go Daddy Group Inc., the website registration and hosting company, announced a deal with KKR & Co., Silver Lake Partners and Technology Crossover Ventures, or TCV, that values the company at $2.25 billion, said a person with knowledge of the matter.

Bob Parsons, founder and chief executive officer, will keep a minority stake in the company ...

[bloomberg.com ]

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