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Genealogy database Ancestry.com is selling 75% of itself to Blackstone Group for $4.7billion in deal that will give the asset manager access to D

 
Coastie Patriot

User ID: 2234843
United States
08/05/2020 10:20 PM

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Genealogy database Ancestry.com is selling 75% of itself to Blackstone Group for $4.7billion in deal that will give the asset manager access to D
Genealogy and DNA-testing giant Ancestry.com announced Wednesday it is selling 75 percent of the company to asset manager Blackstone Group Inc.

The investment firm said in a statement it agreed to acquire the genealogy provider from private equity rivals for $4.7 billion, including debt, placing a big bet on family-tree chasing as well as personalized medicine.

Utah-based Ancestry.com has more than three million paying customers and data on over 18million people in its DNA network

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wonder if this has to do with mormons saying hey can save the souls of people without them requesting to be saved.
Coastie Patriot
SIC SEMPER TYRRANIS

THE SAME PEOPLE WHO SAID NO GUNS BECAUSE OF POLICE NOW WANT TO DEFUND THE POLICE!!!!

Dr Thaddeus They
They don't really care whether the truth gets out, because the public no longer knows what's meant by "the truth."

Well, I mean, no one can tell the difference anymore between what's real and what's fake.

Anyway, the point is, I can tell you all of this, right out in the open, because it doesn't matter who knows about it. They won't know whether to believe it or not.-
X Files: Lost art of Forehead Sweat

A gun is a tool, Marion, no better or no worse than any other tool, an axe, a shovel or anything. A gun is as good or as bad as the man using it. Remember that.
-SHANE-

Jefferson Smith: You see, boys forget what their country means by just reading The Land of the Free in history books. Then they get to be men they forget even more. Liberty's too precious a thing to be buried in books, Miss Saunders. Men should hold it up in front of them every single day of their lives and say: I'm free to think and to speak. My ancestors couldn't, I can, and my children will. Boys ought to grow up remembering that . - MR Smith Goes To Washington-

to grow up remembering th

My oath to support and defend the constitution against all enemies foreign and domestic has no expiration date!!!

Ten Bears : It's sad that governments are chiefed by the double tongues. There is iron in your words of death for all Comanche to see and so there is iron in your words of life. No signed paper can hold the iron. It must come from men. Outlaw Josey Wales
Anonymous Coward
User ID: 79231908
Serbia
08/05/2020 10:22 PM
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Re: Genealogy database Ancestry.com is selling 75% of itself to Blackstone Group for $4.7billion in deal that will give the asset manager access to D
Yeah it was probably a bad idea to upload DNA to these smaller corporations. It was only a matter of time until an evil multi-national bought them out.





GLP