Ancestry Postpones Public Offering

Ancestry has announced the postponement of its planned Initial Public Offering due to the departure of long time CEO Tim Sullivan.

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[Editor’s Note: shortly after receiving the press release about the departure of CEO Tim Sullivan, we also received this item concerning the Ancestry IPO.]

LEHI, Utah, Sept. 12, 2017 (GLOBE NEWSWIRE) — Ancestry today announced that it has postponed its previously announced initial public offering. The Company will continue to evaluate the timing for the proposed offering.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.

There is a related story at Financial Times (click HERE).

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About the Author

Thomas MacEntee

Genealogy educator and author Thomas MacEntee has been researching his family history for more than 40 years and is the creator of Abundant Genealogy, Genealogy Bargains, DNA Bargains, The Genealogy Do-Over and numerous other web-based genealogy and family history properties.