Around the Net Sold For $1.6B

  • Bloomberg, Monday, October 22, 2012 10:45 AM

Permira Advisers has agreed to acquire for about $1.6 billion, Bloomberg reports. The London-based private equity firm will pay $32 a share for the family-history Web site, the companies said today in a statement. “The price is 41 percent higher than’s closing price on June 5, the last day of trading before press reports that the company had hired a financial advisor for a possible sale,” Bloomberg writes. 

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