Seeking Alpha

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

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.
From other sites
Comments (2)
  • goldenr4321
    , contributor
    Comments (2) | Send Message
     
    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
  • V-Herald
    , contributor
    Comments (5) | Send Message
     
    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
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