Ancestry.com Inc. (ACOM) is said to be acquired by an investor group led by European private-equity firm Permira for nearly $1.6 billion, or $32 per share, according to Wall Street Journal. Reports added that the $1.6 billion value of the agreement accounts for vesting of outstanding options, with the $32.00 per share price representing a premium of around 40% from where the stock was trading in June.
As per the reports, Ancestry.com reported no debt at the second quarter end, but would carry just under $1 billion reulting from the take-private deal.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.