From an article by Davide Scigliuzzo in the Bloomberg.com web site
“An investor group led by Singapore’s sovereign wealth fund GIC and private equity firm Silver Lake Management LLC is looking to pull out more than $900 million from the company through a special dividend mostly funded by new borrowings. They are also seeking approval for another one-time distribution before year-end.”
The same article also states:
“Both Moody’s and S&P Global Ratings lowered their outlook on the company in response to the latest dividend plans and a slowdown in revenue growth.
“S&P said it will be difficult for the company to continue to grow revenues from its core subscription service at the same pace it did in the past, because of limitations on the size of the market and high churn.”
You can read the full story at: https://finance.yahoo.com/news/ancestry-com-owners-aim-extract-160436335.html.