Seeking Alpha

Ancestry.com (ACOM) is still talking with three P-E firms about a buyout, Reuters reports, but...

Ancestry.com (ACOM) is still talking with three P-E firms about a buyout, Reuters reports, but bidders are still balking at its demand for an acquisition price above $35/share ($1.5B). One source claims Ancestry, which closed today at $30.98, is expected to make a decision by September's end. (previous)
From other sites
Comments (2)
  • exportman1
    , contributor
    Comments (50) | Send Message
     
    This company offers a terrific product. Having said that it is too confusing and mysterious why this stock rises and falls so much. Maybe it is the short sellers or others who can manipulate it but as an indivual investor without gazillions to invest, I leave this stock to the traders and trigger-pullers and don't recommend it to the longer term investors. Past experience hasn't been good. Yet, I'll still use their product.
    10 Sep 2012, 08:31 PM Reply Like
  • goldenr4321
    , contributor
    Comments (2) | Send Message
     
    For Management to accept any bid under $45 would be criminal robbery of shareholders.
    11 Sep 2012, 09:12 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs