Go Daddy Group Inc. is negotiating to sell itself for more than $2 billion to a private investment group led by KKR & Co. and Silverlake Partners.
The talks were confirmed by a person familiar with the negotiations between the investment group and Go Daddy, the world’s largest Internet domain registrar. The person agreed to confirm the talks under the condition of anonymity because the person was not authorized to comment on the private discussions.
Go Daddy, which is known for its extravagent marketing that dates back to its first Super Bowl commercial in 2005, has been rumored to be on the market since last year, but in January, Chief Executive and founder Bob Parsons denied to the Los Angeles Times that the company was looking to sell itself. Get the full story >>
