Permira Advisers LLP has emerged as the front-runner to take genealogy website Ancestry.com Inc private, two people familiar with the matter said, in a deal that could top $1.5 billion.
The price under negotiation could not be learned, but sources familiar with the matter had previously told Reuters that Ancestry was seeking more than $35 per share for a sale, valuing the company at over $1.5 billion.
The price under negotiation could not be learned, but sources familiar with the matter had previously told Reuters that Ancestry was seeking more than $35 per share for a sale, valuing the company at over $1.5 billion.
You can read more in a Reuters article at http://www.pehub.com/168120/permira-takes-lead-ancestry-com-deal/
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