Ancestry.com (ACOM) +15.8% AH after Bloomberg reports the company is weighing a sale, and has...
Wednesday, June 6, 2012, 12:39 AM ETAncestry.com (ACOM) +15.8% AH after Bloomberg reports the company is weighing a sale, and has enlisted the help of famous tech banker Frank Quattrone to find buyers. A source expresses confidence P-E firms will show interest in Ancestry, whose valuation has fallen to historically low levels on concerns about slowing subscriber growth, though analyst Susan Etlinger thinks Google or Facebook might also consider a bid.
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