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Ancestry/Genealogy

Rosie1223

(2,013 posts) Mon Oct 22, 2012, 09:14 AM Oct 2012

Ancestry.com Buy-out announced

http://www.huffingtonpost.com/2012/10/22/ancestry-deal_n_1999007.html

3 replies

= new reply since forum marked as read

Highlight:

Ancestry.com Buy-out announced (Original Post) Rosie1223 Oct 2012 OP

Reuters link Viva_La_Revolution Oct 2012 #1

Not at all good. n/t kickysnana Oct 2012 #2

Not good at all... n/t kdmorris Oct 2012 #3

Viva_La_Revolution

(28,791 posts)

1. Reuters link

Reply to Rosie1223 (Original post)

Mon Oct 22, 2012, 10:44 AM

Oct 2012

http://www.reuters.com/article/2012/10/22/ancestry-buyout-idUSL3E8LM32I20121022

Oct 22 (Reuters) - An investor group led by private equity firm Permira Advisers LLP has agreed to buy genealogy website Ancestry.com Inc for about $1.6 billion, or $32 a share, the Wall Street Journal reported, citing people familiar with the deal.

In addition to Permira, the buyout group includes the private equity firm's co-investors, members of Ancestry.com's management, including Chief Executive Tim Sullivan and Chief Financial Officer Howard Hochhauser, and Spectrum Equity, which owns about 30 percent of Ancestry.com, the Journal said.

more at link

kickysnana

(3,908 posts)

2. Not at all good. n/t

Reply to Rosie1223 (Original post)

Mon Oct 22, 2012, 10:48 AM

Oct 2012

kdmorris

(5,649 posts)

3. Not good at all... n/t

Reply to Rosie1223 (Original post)

Mon Oct 29, 2012, 04:38 PM

Oct 2012

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