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May 21, 2015

Is Being Sold Again?

Rumour has it that Permira Advisers LLC, the buyout firm that owns most of privately held, has hired investment banks to run an auction for the company. You can read more at Reuters.

Permira outbid other private equity firms to take Ancestry private in 2012 for $1.6 billion. 

What's in store for Ancestry and its customers now? We'll have to wait and see if the rumours are true.

1 comment:

Anonymous said...

I found an article on a French Genealogy website referring to the same Reuters article. I wonder!