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GoDaddy0624.mp4
GoDaddy0624.mp4
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GoDaddy0624.mp4
Go Daddy Group Inc, an Internet domain and hosting company, is reportedly in talks to be acquired by a group led by KKR & Co (NYSE:KKR) and Silver Lake Partners for more than $2 billion, according to an unnamed source.The source declined to be named because the matter is still private. Go Daddy registers domain names and hosts websites for a minimum price of $5 per month.The company has raised its profile in recent years by running suggestive and provocative ads during the Super Bowl featuring female racecar driver Danica Patrick.Silver Lake is a private equity firm based in Menlo Park, California that focuses on investing in tech companies.KKR & Co has a potential upside of 37.3% based on a current price of $15.7 and an average consensus analyst price target of $21.56.
Channel: Voxant Newsroom
Category: Business
Video Length: 0
Date Found: June 26, 2011
Date Produced: June 26, 2011
View Count: 0
 
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