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News Breaks | | | | December 27, 2012 | | 11:50 EDT |  | ACOM | Ancestry.com announces stockholder approval of acquisition by Permira
Ancestry.com announced that the Ancestry.com stockholders have approved the previously announced merger agreement pursuant to which a company owned by Permira funds and co-investors, will acquire the company.Based on the preliminary tabulation of the stockholder vote, approximately 99% of the total votes cast, which represents approximately 75% of the total shares outstanding of Ancestry.com as of the November 30 record date, were voted in favor of adopting the merger agreement. Qatalyst Partners LP is acting as financial advisor and Wachtell, Lipton, Rosen & Katz is acting as legal counsel to Ancestry.com. | |
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