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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