GoDaddy: I'm speculating on an acquisition, but I also see further price potential due to the attractive valuation!

Currently, we are seeing an increase in takeover offers in the market again. I think GoDaddy is likely to come into focus regarding this!
Marvin Herzberger
M. Herzberger
Reading Time: 2 minutes

The topic of M&A activities has recently come back into focus. Today, we have the next deals or offers from Penske Automotive Group (PAG) and CCC Intelligent Solutions. I believe this topic will gain more attention again before the end of the year. An interesting takeover candidate at the moment is GoDaddy (GDDY) (i.), where there have been media reports around three weeks ago. Apparently, the mother company of Norton, Gen Digital, is interested in an acquisition. An important message for the market was that GoDaddy's low valuation could apparently...

Read this article now with a free account.

Your benefits:

  • Every month, you can read 5 articles from the premium section for free.
  • Monthly 2 trial issues of the Trader newspaper for free.
  • Create a personal watchlist with an overview of news about your stock.
Trader Times
Free account
Here we go!
Image 1Image 2Image 3

Already registered? Log In