Ancestry.com to be sold to Permira Funds for $1.6 billion

Genealogy website Ancestry.com has agreed to be acquired by a group led by European private-equity firm Permira Funds in a cash deal valued at about $1.6 billion. The offered price of $32 per share is a nearly 10 percent premium over Friday’s closing price of $29.18. Ancestry.com’s shares jumped 8 …

Ancestry.com to be sold to Permira Funds for $1.6 billion

Genealogy website Ancestry.com has agreed to be acquired by a group led by European private-equity firm Permira Funds in a cash deal valued at about $1.6 billion. The offered price of $32 per share is a nearly 10 percent premium over Friday’s closing price of $29.18. Ancestry.com’s shares jumped 8 …