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Big News for Ancestry.com

Big News for Ancestry.com

Posted - Oct. 23, 2012 at 1:08 p.m.



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1.6 Billion dollars...that's a lot of money by anyone's standards.That's also the amount of the deal announced by Provo based Ancestry dot com this week.

The company is being acquired by European private equity firm Permira -- and that is doing great things for the company's stock profile.

Ancestry dot com President and CEO Tim Sullivan stopped by to tell us more.

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