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WSJ Reports GoDaddy Up For Sale

     
7:14 am on Jun 25, 2011 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



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...]
9:01 am on Jun 25, 2011 (gmt 0)

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



Have enough migraines already... I'll pass... :)
8:45 pm on Jun 25, 2011 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



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

[youtube.com...]
7:27 pm on Jun 26, 2011 (gmt 0)

5+ Year Member



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.
7:58 pm on Jun 26, 2011 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



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 ;)
1:01 pm on Jul 2, 2011 (gmt 0)

5+ Year Member



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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