27 Jun '11, 2pm

My Thoughts on a Go Daddy Buyout

What a Go Daddy sale would mean. If the chatter is to be believed, The Go Daddy Group could announce a multi-billion dollar buyout sometime this week. While neither Go Daddy nor the buyers will confirm or deny this, it’s typical for bankers involved in the deal to leak news like this. It helps bring other potential suitors to the table and puts pressure on the buyers to close the deal. Go Daddy has been shopping itself around unofficially for a while. Word is that President Warren Adelman has been giving presentations at financial conferences off an on over the past couple years. And then there was talk last Fall about the company holding an auction. When you look at the company’s growth, it’s no surprise investors are interesting in acquiring this cash machine. I talked to Ryan Corder, Go Daddy Senior Director of Finance, last year and he told me the company expected $140...

Full article: http://domainnamewire.com/2011/06/27/my-thoughts-on-a-go-...

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