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Ancestry.com bought for £1bn

The Guardian - 22 Oct 2012 23:04
Ancestry.com bought for £1bn Family history website has been bought in a private equity-backed deal that will make multimillionaires of two of its bosses The world's biggest family history website has been bought for $1.6bn (£1bn) in a private equity-backed deal that will make multimillionaires of two of its bosses. Ancestry.com's chief executive, Tim Sullivan, and its finance chief, Howard Hochhauser, were part of a buyout led by the private equity firm Permira that has taken the genealogy giant private at a 41% premium...
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