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Ancestry sale in the pipeline?

Discussion in 'Latest news' started by raven, May 28, 2015.

  1. raven

    raven LostCousins Member

    Reuters recently reported that Ancestry “is exploring a sale that could value it at between $2.5 billion and $3 billion, including debt.” According to unnamed sources, Permira (a buyout firm that owns most of Ancestry) “has hired investment banks to run an auction for the company.”

    full article here

    I think something like this should nudge people to realise they shouldn't have their trees just on a site, but certainly in a programme on their home computer for complete autonomy.
     
    Last edited by a moderator: May 28, 2015
    raven, May 28, 2015
    #1
    • Agree Agree x 6

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