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More acquisitions? GoDaddy to raise $800 million

Kevin Murphy, February 22, 2021, 16:32:29 (UTC), Domain Registrars

GoDaddy said today that it plans to raise $800 million, which may be put towards future acquisitions.

The company said it is issuing that amount in senior notes to institutional investors.

The money will be used “for general corporate purposes, which may include working capital, capital expenditures and potential acquisitions and strategic transactions”, GoDaddy said.


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