Ancestry Sale
According to Reuters news service, Permira Advisers LLP has now emerged as the front-runner to take Ancestry.com Inc private with a deal that could top $1.5 billion. This is a result of a request by Ancestry to the private equity firm and its competitors to improve on their offers. It has been reported that the [...]
Continue reading about Update: Permira front runner in Ancestry sale talks
Sep
12
Reuters reports Ancestry.com is in discussion with three buyout firms although deal remains illusive
Sandy on September 12th, 2012
It has been touted since July of this year that Ancestry.com is looking for a sale. The latest update reports Ancestry.com is putting pressure on buyout firms to sweeten their offers after a second round of bids last month. As yet, no deal has been made. As reported by Reuters on September 10, there are [...]
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