Wednesday, October 03, 2012

Ancestry Buyout by Permira?

DearREADERS,
Reuters news service has the following info concerning rumors of Ancestry.com's sale to private investors:

"Ancestry is focusing its discussions on Permira after it asked the private equity firm and its competitors – Hellman & Friedman LLC and TPG Capital LP – to improve on their offers, the people said. Talks with Permira could still fall apart and there is no certainty a deal will be reached, they added."

SOURCE:
http://www.pehub.com/168120/permira-takes-lead-ancestry-com-deal/

Happy family tree climbing!
Myrt     :)
DearMYRTLE,
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