Friday, April 14, 2006

GoDaddy Plans IPO, Says Report

MarketWatch is reporting that Scottsdale, Arizona-based GoDaddy.com is looking to file go public in an initial public offering, and has hired Lehman Brothers as its investment banker. MarketWatch said last Wednesday night that it talked to a number of sources who said that the offering could raise up to $100M for the firm, which provides domain name registration and internet hosting. GoDaddy is best known for its risque SuperBowl ads.