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Web hosting company GoDaddy's IPO to raise up to $418 mln

Danica Patrick, driver of the #10 GoDaddy Chevrolet
Getty Images

Web hosting company GoDaddy said its initial public offering of 22 million class A shares is expected to raise up to $418 million.

The offering is expected to be priced within the range of $17 per share to $19 per share, the company said in a regulatory filing on Thursday.

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