DNA Bonanza: Blackstone Is Buying Ancestry.com For $4.7 Billion
Blackstone Group, Inc. said on Wednesday it agreed to acquire genealogy provider Ancestry.com Inc from private equity rivals for $4.7 billion, including debt, placing a big bet on family-tree chasing as well as personalized medicine. Ancestry.com is the world’s largest provider of DNA services, allowing customers to trace their genealogy and identify genetic health risks […]