A company owned by the Permira funds and co-investors has entered into a definitive merger agreement to acquire Ancestry.com Inc. (ACOM) for $32.00 per share in cash in a transaction valued at $1.6 billion. The transaction is expected to close in early 2013.
Ancestry.com has gapped open higher Monday and is now up 2.34 at $31.52, with volume at an 8-month high. The stock has risen to nearly a 3-week high.
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Business News
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.