Thursday, March 19, 2015

GoDaddy Eyes IPO By End Of March

Scottsdale, Arizona-based GoDaddy is expected to price its IPO on March 31st, according to financial documents being shown to possible investors in the company's IPO. The company--which set its expected pricing range this morning of between $17.00 to $19.00 a share--is in the midst of the traditional "road show" before a initial public offering. Typically, a company will solicit indications of interest from possible investors ahead of its pricing date, in order to gauge demand for the company's stock offering and to help its bankers set an actual IPO price the evening before a company's market debut.