Deals
Permira Agrees to Buy Ancestry.com for About $1.6 Billion
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Permira Advisers LLP agreed to buy Ancestry.com Inc. in a transaction valued at about $1.6 billion, gaining the world’s largest family-history website.
Permira, a London-based private-equity firm, will pay $32 a share, the companies said today in a statement. The price is 41 percent higher than Ancestry.com’s closing price on June 5, the last day of trading before Bloomberg reported that the company had hired a financial adviser for a possible sale.