An ongoing saga, filled with much speculation, and come to an end. It is now official. Permira has acquired Ancestry.com. As always, whenever one company is acquired by another one, this will involve some changes. Permira Advisors, LLC., have now officially entered into an agreement to acquire the popular genealogy website Ancestry.com. This ends the saga that has been going on for quite some time about whether or not Ancestry.com really was up for sale, and, if so, who the buyer would be. The total transaction is said to be valued at around $1.6 billion. Permira will pay $32.00 a … Continue reading →

As you may already know, Ancestry.com has been talking with potential buyers. The idea is that Ancestry.com will go from being a public company to a private one. Right now, it looks like Permira is the company most likely to buy the genealogy giant. If you’ve been following this story, then you may recall that Ancestry.com had been talking with several potential buyers. Some were turned off when Ancestry.com asked for higher bids, while other seemed to find it acceptable. In September of 2012, Reuters noted that it looked like there were three companies that were interested in bidding for … Continue reading →

Just when you thought it was all said and done, the saga continues! Permira has acquired Ancestry.com. One would think that was the end of the story, but no. Shareholders of Ancestry.com are suing about this sale. They feel that they were shortchanged in this deal. Permira Advisors, LLC., acquired Ancestry.com for around $1.6 billion. Permira will pay $32.00 a share for Ancestry.com stock. That amount is 41% higher than the closing price of the stock on June 5, 2012, which was the last day of trading before it was reported that Ancestry.com had hired a financial adviser for the … Continue reading →

Today, as I was reading Eastman’s Online Genealogy Newsletter, I stumbled upon a link to The Encyclopedia of Genealogy. The Encyclopedia of Genealogy is a free service that is provided by Eastman’s Online Genealogy Newsletter. It is a great free genealogy resource that I never knew existed until today. In this gem of an online resource, there are many excellent articles on a variety of genealogy – related topics. I read a couple of articles about French Canadian surnames, hoping to uncover some information about my own surname. Unfortunately, I found nothing but the articles were interesting nonetheless. Speaking of … Continue reading →