Blackstone Reaches $4.7 Billion Deal to Buy Ancestry.com

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Blackstone Reaches $4.7 Billion Deal to Buy Ancestry.com

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06-05-2022, 07:50 AM

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Blackstone Reaches $4.7 Billion Deal to Buy Ancestry.com

An honorable member of the Coffee Shop Has Just Posted the Following:

Blackstone Group Inc. is set to buy a majority stake in Ancestry.com Inc., 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 private equity...

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