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Web.com owner takes position in Endurance International Group

Investment firm accumulates a small stake in Web.com competitor. Siris Capital, the private equity company that owns Web.com, has opened a position in Endurance International Group (NASDAQ: EIGI). The investment firm owned a 2.39% stake in Endurance as of June 29. At today’s closing price, that’s worth about $21 million. Shares in EIGI have been […]

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Web.com to go private in $2 billion acquisition

Siris Capital to acquire domain name and web presence company for $25 per share. Web.com (NASDAQ:WEB), the parent company of domain name registrars Network Solutions and Register.com, has agreed to be acquired by an affiliate of Siris Capital Group in a $2 billion deal. Shareholders will get $25.00 per share; shares closed yesterday at $23.20. […]

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