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Go Daddy expected to be purchased by 3 investment organizations

Posted by on 27/06/2011

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It is reported that three private equity investment firms may close a deal to purchase GoDaddy, the Internet’s leading domain registration company for US $2-2.5 billion.

The three firms include KKR & Co., Silver Lake Partners, who are expected to invest a significant portion into the deal while Technology Crossover Ventures will invest a minor chunk to the deal. While the deal is not finalized and could still possibly fall through, insiders expect it to close some time next week.

Hopefully the deal doesn’t affect the great low prices already offered for their domains. GoDaddy offers a number of additional services including web hosting and design tools, email, search engine tools and more.

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