Web.com Buys Register.com For $135M Cash, Debt

Law360, New York (June 17, 2010, 11:51 AM EDT) -- Web.com said Thursday that it would buy domain name registration firm Register.com for $135 million, a move the online marketing company said would result in one of the largest online marketing and services companies serving small businesses.

Web.com said it would finance the purchase with approximately $20 million in existing cash, proceeds from a new $110 million term loan and a $5 million seller note.

"We are very excited to announce our agreement to acquire Register.com, which will bring highly complementary products, sales channels and operating...
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