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Web.com Group Inc (WEB.OQ)

WEB.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Web.Com Announces Amended Agreement To Be Acquired By An Affiliate Of Siris Capital Group
Monday, 6 Aug 2018 09:20am EDT 

Aug 6 (Reuters) - Web.com Group Inc ::WEB.COM ANNOUNCES AMENDED AGREEMENT TO BE ACQUIRED BY AN AFFILIATE OF SIRIS CAPITAL GROUP, LLC FOR $28 PER SHARE IN CASH AND END OF “GO SHOP” PERIOD.WEB.COM - UNDER TERMS OF AMENDED AND RESTATED MERGER AGREEMENT, CO WOULD BE REQUIRED TO PAY AN AFFILIATE OF SIRIS A TERMINATION FEE OF $39.1 MILLION.WEB.COM - GOT DEAL PROPOSAL FROM 1 BIDDER WHICH TRANSACTION COMMITTEE DETERMINED WAS SUPERIOR VERSUS ORIGINAL AGREEMENT BETWEEN CO AND SIRIS AFFILIATES.WEB.COM - SIRIS AFFILIATES HAD MATCHING RIGHT RESULTING IN SEVERAL ROUNDS OF TALKS WITH OTHER FINANCIAL BIDDER.WEB.COM - TALKS ENDED WITH CO, AFFILIATES OF SIRIS ENTERING AMENDED & RESTATED MERGER AGREEMENT.WEB.COM - FINANCIAL BIDDER MAY CONTINUE TO WORK WITH CO AND PUT IN TOPPING BID.WEB.COM - UPON COMPLETION OF DEAL, CO WILL BECOME WHOLLY OWNED BY AN AFFILIATE OF SIRIS.  Full Article

Web.com reports third quarter 2017 financial results
Tuesday, 7 Nov 2017 04:05pm EST 

Nov 7 (Reuters) - Web.Com Group Inc :Web.com reports third quarter 2017 financial results.Q3 revenue $189.8 million versus I/B/E/S view $188.6 million.Q3 gaap earnings per share $0.16.Q3 earnings per share view $0.72 -- Thomson Reuters I/B/E/S.  Full Article

Web.com Group Inc announces acquisition of Acquisio
Wednesday, 1 Nov 2017 04:05pm EDT 

Nov 1 (Reuters) - Web.com Group Inc :Web.com Group Inc - ‍terms of acquisition were not disclosed​.Web.com Group Inc announces acquisition of Acquisio, a leader in online marketing artificial intelligence.  Full Article

Web.com says ‍purchased 3 mln shares of co's stock from Okumus Fund Management for $74.4 mln
Thursday, 31 Aug 2017 05:22pm EDT 

Aug 31 (Reuters) - Web.Com Group Inc :Web.com says ‍purchased from Okumus Fund Management 3 million shares of co's stock, pursuant to co's stock repurchase program, for $74.4 million - SEC filing.  Full Article

Web.com Q2 GAAP earnings per share $0.16
Thursday, 3 Aug 2017 04:05pm EDT 

Aug 3 (Reuters) - Web.com Group Inc :Web.com reports second quarter 2017 financial results.Q2 revenue $188.1 million versus I/B/E/S view $186.9 million.Q2 GAAP earnings per share $0.16.Q2 earnings per share view $0.73 -- Thomson Reuters I/B/E/S.  Full Article

Web.com announces the expansion and amendment of existing term loan and revolving credit facility
Thursday, 18 May 2017 04:05pm EDT 

May 18 (Reuters) - Web.Com Group Inc :Web.com announces the expansion and amendment of existing term loan and revolving credit facility.Web.com Group Inc - Has increased its existing term loan by $50 million and added $110 million of additional capacity to its current revolving credit facility.  Full Article

Web.com Q1 GAAP earnings per share $0.13
Thursday, 4 May 2017 04:05pm EDT 

May 4 (Reuters) - Web.Com Group Inc ::Web.com reports first quarter 2017 financial results.Q1 revenue $186.8 million versus i/b/e/s view $183 million.Q1 GAAP earnings per share $0.13.Q1 earnings per share view $0.67 -- Thomson Reuters I/B/E/S.Qtrly earnings per share $0.13.  Full Article

Web.com Q4 earnings per share $0.04
Thursday, 9 Feb 2017 04:05pm EST 

Web.Com Group Inc : web.com reports fourth quarter and full year 2016 financial results . Q4 revenue $188.9 million versus I/B/E/S view $187.4 million . Q4 gaap earnings per share $0.04 . Q4 earnings per share view $0.68 -- Thomson Reuters I/B/E/S .Average revenue per user (ARPU) was $18.07 for Q4 of 2016 compared to $13.92 for q4 of 2015.  Full Article

Web.com reports third quarter 2016 financial results
Thursday, 3 Nov 2016 04:05pm EDT 

Web.com Group Inc : Web.com reports third quarter 2016 financial results . Q3 non-GAAP earnings per share $0.76 . Q3 earnings per share view $0.66 -- Thomson Reuters I/B/E/S .Q3 GAAP earnings per share $0.07.  Full Article

Refinitiv, Akzo buyouts hand more ammunition to private equity firms

NEW YORK (LPC) - The overwhelming response to the US$13.5bn buyout loan and bond financing for Refinitiv and the similar US$7.6bn debt financing backing Akzo Nobel’s spin-off of its chemicals business looks set to have far-reaching consequences for the debt markets.