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GoDaddy eyes initial public offering: sources

15
Mar
2014

Web hosting company The GoDaddy Group Inc is preparing for a second run at an initial public offering, according to two people familiar with the matter, as the 2014 tech IPO pipeline continues to grow. GoDaddy, the Internet domain registrar and web host known for its racy ads, would join a number of high-profile technames expected to go public this year in the wake of Twitter Incs successful debut. GoDaddy was not immediately available for comment. GoDaddy had filed to go public in 2006 but was told at the time that it would be required to take a 50 percent haircut — a percentage that is subtracted from the par value of assets that are being used as collateral — on its initial public offering.

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