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View Full Version : Blackstone Reaches $4.7 Billion Deal to Buy Ancestry.com


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06-05-2022, 07:50 AM
An honorable member of the Coffee Shop Has Just Posted the Following:

Blackstone Group Inc. (https://www.bloomberg.com/quote/BX:US) is set to buy a majority stake in Ancestry.com Inc. (https://www.bloomberg.com/quote/ACOM:US), the business known for family history research and DNA testing.

The deal, valued at $4.7 billion including debt, will be the first acquisition by Blackstone’s largest ever (https://www.bloomberg.com/news/articles/2019-05-09/blackstone-sets-25-billion-limit-on-oversubscribed-buyout-fund) private equity...

Read more (https://www.sammyboy.com/threads/blackstone-reaches-4-7-billion-deal-to-buy-ancestry-com.320863/)


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