17 December 2012

Ancestry sale on hold

From Bloomberg.com:

Ancestry.com Inc. (ACOM) officials can’t proceed with the $1.6 billion sale of the family-history website to Permira Advisers LLP until it discloses more information about the deal before a Dec. 27 shareholder vote, a judge ruled.
Read the full item at http://www.bloomberg.com/news/2012-12-17/ancestry-com-sale-to-permira-barrred-from-proceeding-1-.html

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