25 Jun '11, 7am

Go Daddy Rumoured To Be Sold For Over $2B

Go Daddy Rumoured To Be Sold For Over $2B Saturday, 25 June 2011 05:52 David Goldstein Tweet Share The world's largest domain name registrar Go Daddy is in talks to be bought out by global private equity firms KKR (formerly known as Kohlberg Kravis Roberts) and Silver Lake Partners, plus private venture capital firm Silver Lake Partners. Go Daddy manage more than 48 million domain names is reportedly to be sold for around $2.5 billion according to a person with knowledge of the negotiations according to Bloomberg and Huffington Post reports. In a New York Times report, it is said that while talks could still fall apart, it is expected Go Daddy founder and CEO Bob Parsons is expected to continue leading the company should the takeover be finalised. Silver Lake Partners is said to be a junior partner in the negotiations and an announcement is expected Tuesday.

Full article: http://www.domainnews.com/en/go-daddy-rumoured-to-be-sold...

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