Ancestry.com (ACOM) asks suitors, including P-E firms Permira and TPG, to increase their bids...
Thursday, August 23, 2012, 5:27 AM ETAncestry.com (ACOM) asks suitors, including P-E firms Permira and TPG, to increase their bids for the genealogy Web site, Bloomberg reports, with the firm already turning down a bid of $35 a share. KKR and Providence have shown interest but haven't yet made any offers as they think the price is too high. Ancestry.com closed yesterday at $30.24, giving it a market cap of $1.29B.
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