The New York Times has reported that Ancestry.com is in talks with private-equity firm Providence Equity Partners Inc. and other firms to be taken private.
DISCLAIMER: These rumors are just that: rumors and speculation. This certainly is not a "done deal" just yet.
With stable revenue and relatively lower valuation, Ancestry.com was “attractively priced,” Bank of America Corp. analysts said last month in a research report. The New York Times reported that the online genealogy website could be valued at more than $1.5 billion, based on current talks.
Ancestry.com has posted a profit every year since at least 2007, and reports it has 2 million paying subscribers as of July 2.
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