Hedge funds lose court bid over Ancestry.com deal price

Wilmington, Del., Jan 30 (Reuters) – A Delaware judge ruled on Friday that a private equity firm paid a fair value of $32 per share to acquire Ancestry.com Inc and rejected hedge fund claims the price should have been as high as $47 per share.


Source: Technology Sector News

Leave a Reply

Your email address will not be published. Required fields are marked *

one × 1 =