A new report Tuesday from the New York Times says that Provo, Utah-based Ancestry.com is nearing a deal to go private. The firm--which has been rumored to be on the block since June--apparently values the company at around $1.5 billion. Ancestry.com, which provides online resources for family history and genealogy buffs, is apparently talking with private equity firms TPG Capital and Providence Equity Partners, according to the article.
Top NewsWednesday, July 25, 2012
Report: Ancestry.com Closing In On Sale