Friday, June 24, 2011

Report: GoDaddy To Be Sold For $2.5 Billion

Scottsdale, Arizona-based GoDaddy, the domain name registrar headed by Bob Parsons, is set to sell itself to a number of private equity firms, according to reports today. The firm is reportedly being acquired for $2.5B by KKR & Co., Silver Lake Partners and Technology Crossover Ventures. Report of the sale came from the WSJ, NY Times, and others.