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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
Joined March 2022
971 Following    195.9K Followers
GEN DIGITAL MAKES TAKEOVER APPROACH FOR GODADDY: FT Gen Digital, the $15.7B maker of Norton and Avast, has made a takeover offer for GoDaddy $GDDY, which has a market value of about $12.2B. Talks are still early and there is no guarantee of a deal. GoDaddy serves 20M+ customers and manages about 81M domains, roughly one-fifth of all registered domains globally. The deal would significantly expand Gen Digital beyond cybersecurity into domains, websites and small-business software.
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