In my
last post, I
talked about Ancestry.com. One of my readers pointed out that
Ancestry.com is now
publicly
traded on the Nasdaq stock exchange.
Underwriters for the deal included Morgan Stanley,
Bank of America-Merrill Lynch, BMO Capital Markets Corp., Jefferies
& Co. and Piper Jaffray & Co. It will trade under the symbol
"ACOM" on the Nasdaq Global Market. It is interesting to note that the
amount raised by the stock sale, estimated to be $100 million, was about
1/3 of what was invested by Spectrum Equity Investors.
Here is the official
statement from Ancestry.com's
annual report for 26 February 2010:
Read more...
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