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GoDaddy Readies $4.5B IPO, Diversification Strategy

Web domain giant is reportedly planning a public offering of about $4.5 billion, early next year. “CFO Scott Wagner met last week with analysts to give an update on GoDaddy since it first filed paperwork to go public in June,” according to The New York Post. “In its meeting with the Street, GoDaddy stressed its desire to diversify -- building Web sites for customers and helping them to process transactions on their sites, for example.”

Read the whole story at New York Post »

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