(Reuters) – Blackstone Group Inc BX.N 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 with tests sent to their home.
https://www.reuters.com/article/us-ancestry-m-a-blackstone-group-idUSKCN2512ES
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