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Ancestry.com (ACOM) confirms a report that it has agreed to be bought for $1.6B by a consortium...

  • Monday, October 22, 2012, 6:56 AM ET
    Ancestry.com (ACOM) confirms a report that it has agreed to be bought for $1.6B by a consortium led by European P-E firm Permira.
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This news story has 2 comments:

  • The shysters clipped me. Nobody ask me whether I wanted to sell. I had bought the shares a year ago for $35.
    22 Oct 2012, 08:28 AM Reply Like
  • The price is a little disappointing given the potential for expansion in DNA research areas, including bio-medical product targeting. It should prove interesting to follow Permira and the ties it makes in the gene sequencing, pharmacology, and technology sectors to enhance ACOM.
    22 Oct 2012, 11:20 AM Reply Like
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