Items tagged with (nyse:gddy)
GoDaddy, the the world's largest ICANN-accredited Internet domain registrar with more than 59 million domain names under its management, has filed for an initial public offering (IPO) of at least 22 million shares expected to be priced between $17 and $19 a pop. On the higher end, that would value the company at $2.87 billion, far less than the $4.5 billion figure that was being through around several months ago. That would also raise up to $418 million, the net worth of the 22 million Class A shares, or potentially more if the underwriters of the IPO decide to buy more shares. The total number that could be up for grabs is 25.3 million shares -- at $19 each, GoDaddy's IPO would fetch $480.7...
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