Three Companies Bidding on Ancestry.com

The following teaser is from the September 10, 2012 edition of http://www.reuters.com

(Reuters) – Hellman & Friedman LLC, Permira Advisers LLP and TPG Capital LP are bidding for Ancestry.com Inc (ACOM.O), though a deal remains elusive as the family-history website seeks an offer that tops $35 per share, or about $1.5 billion, three people familiar with the matter said on Monday.

Ancestry.com has been exploring a possible sale since July. But the auction has dragged on as none of the potential buyers have met the company’s valuation expectations, the sources said.

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