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Register.com Sold to Vector Capital
August 9, 2005 -- (WEB HOST INDUSTRY REVIEW) -- Domain registrar and Web hosting provider Register.com (
register.com
) has agreed to be acquired by private equity capital firm Vector Capital, reports say.
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Vector Capital will pay $7.81 per share in cash. Register.com says the transaction is worth approximately $200 million.
In June, Register.com rejected an acquisition offer tabled by RCM Acquisition Co. The offer was for $7.10 per share in cash.
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