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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