24 Jun '11, 2pm

Bloomberg Godaddy.com In Talks To Be Bought Out For $2 Billion

According to Bloomberg/Business Week , Godaddy.com the world’s largest registrar is in talks to be bought by a group led by KKR & Co. and Silver Lake Partners for more than $2 billion. “Silver Lake is a Menlo Park, California-based private equity firm that focuses on investing in technology companies. KKR, the leveraged-buyout firm run by Henry Kravis and George Roberts, invests in private equity, debt and capital markets.” The New York Post reported earlier on the talks and possible purchase but that story had the price at $1 Billion. According to the New York Post story, “Go Daddy, is using adjusted earnings before interest, taxes, depreciation and amortization, or Ebitda, as its key metric — but that adjusted number is twice is actual Ebitda, a spread that is higher than usual.” Interesting development in the domain industry with the new gTLD’s just approved and Godaddy...

Full article: http://www.thedomains.com/2011/06/24/bloomberg-godaddy-co...

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