Endurance International Group will be acquiring Directi, an Indian domain name registrar, for $100-$110 million, according to a SEC filing. The company is filing for a $400 million IPO and plans to list on NASDAQ under the ticker symbol EIGI. In its filing, the company said that it agreed to acquire Directi in August 2013 for $100-$110 million in cash or, at the election of the seller, a combination of cash and shares of our common stock, subject to the satisfaction or waiver of specified customary closing conditions and the achievement of specified financial targets. The deal is expected to be closed during the fourth quarter of 2013. If the deal does not go through for specific reason, Endurance International will have to pay $5 million to Directi Holding. Once the deal goes through Endurance would also get Radix Registry which as 29…
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