Reglikedomain industry desk

KKR Looking to Buy Go Daddy for $1 Billion Plus: NYP

Fresh York Post states web hosting and domain giant may be sold for over $1 billion.

The Fresh York Post is reporting that Henry Kravis’ KKR is leading a group that is trying to buy Go Daddy for over $1 billion in a leveraged buy out. Bloomberg BusinessWeek notes the deal is in the $2B range.

A Go Daddy spokeswoman told the Fresh York Post “”We’ve heard rumors like this ahead of and when there’s something happening we will comment” and KKR stated it doesn’t comment on rumors.

GoDaddy was rumored to be on the block last year but then later pulled out of the process.

I suspect Go Daddy is always entertaining offers, but this sounds more advanced than that. Of course, neither party that really knows will comment.

Also on the wire

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