Saturday, June 23, 2018

Web.com, an internet services firm for small businesses, is selling itself to an affiliate of private-equity firm Siris Capital Group in a $1.24B cash deal (Allison Prang/Wall Street Journal)

Allison Prang / Wall Street Journal:
Web.com, an internet services firm for small businesses, is selling itself to an affiliate of private-equity firm Siris Capital Group in a $1.24B cash deal  —  Sale comes soon after activist investor Starboard Value LP reported that it held a 9.4% stake in Web.com



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