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Friday
Jun242011

Investors Near Finalizing $2 Billion Deal to Buy GoDaddy

Photos.com/Thinkstock(NEW YORK) -- Two private investment firms are reportedly close to reaching a deal to purchase GoDaddy Group Inc. 

KKR & Co. and Silver Lake Partners are expected to announce the deal to buy the Scottsdale, Ariz.-based company, which registers website domain names, sometime next week.  The company may be best known for its racy Super Bowl ads that feature Danica Patrick.

The deal is said to be worth $2 to $2.5 billion.

Copyright 2011 ABC News Radio

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