Ryan & Maniskas, LLP Announces Investigation of Ancestry.com Inc.
WAYNE, Pa. -- October 23, 2012
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/acom) is investigating
potential claims against the board of directors of Ancestry.com Inc.
(“Ancestry.com” or the “Company”) (NASDAQ: ACOM) concerning possible breaches
of fiduciary duty and other violations of law related to the Company’s efforts
to sell the Company to Spectrum Equity Investors V, L.P., a subsidiary of
Permira Funds Partners in a transaction valued at approximately $1.6 billion.
Our investigation concerns possible breaches of fiduciary duty and other
violations of law related to the approval of the transaction by the Company’s
board of directors; in particular, whether the Company undertook a fair
process to obtain fair consideration for all shareholders of Ancestry.com. For
more information regarding our investigation, please contact Ryan & Maniskas,
LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at
email@example.com or visit: www.rmclasslaw.com/cases/acom
Under the terms of the proposed transaction, Ancestry.com’s stockholders will
receive $32.00 in cash for each share of Ancestry.com they own.
If you own shares of Ancestry.com and would like to learn more about these
claims or if you wish to discuss these matters and have any questions
concerning this announcement or your rights, contact Richard A. Maniskas,
Esquire toll-free at (877) 316-3218 or to sign up online, visit:
www.rmclasslaw.com/cases/acom. You may also email Mr. Maniskas at
firstname.lastname@example.org. For more information about class action cases in
general, please visit our website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan &
Maniskas, LLP is devoted to protecting the interests of individual and
institutional investors in shareholder actions in state and federal courts
Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
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