GoDaddy Acquires Marchex's Domain Portfolio Business
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GoDaddy (GDDY) Acquires Domain Portfolio Business of Marchex (MCHX)
April 22, 2015 8:31 AM EDTMarchex (NASDAQ: MCHX) announced the sale of the bulk of its domain portfolio for aggregate proceeds of $34.8 million, as well as additional earn-out considerations. The $34.8 million total includes a $28.1 million transaction detailed below, as well as $6.7 million in direct domain sales by Marchex since... More
