Pte equity firms take piece of web host Go Daddy

(AFP)
–
5 hours ago
NEW YORK — Go Daddy, the world's largest registrar of Internet domain names, said on Friday that it was selling a stake to three major investment firms including private-equity giant KKR."The Go Daddy Group, Inc. ... has signed a definitive agreement to receive a strategic investment and enter into a partnership with KKR, Silver Lake and Technology Crossover Ventures," the company said in a statement.The company did not disclose details of the transaction, but the

Read more ...