MONEY.

MONEY., TECH.

Ancestry.com Sells For $1.6 Billion CASH!

Genealogy website Ancestry.com has agreed to an acquisition deal by European private equity firm Permira in a cash deal worth $1.6 billion, or $32 per share. Ancestry.com described the buyout as a “definitive merger agreement”. “This is a successful outcome for our public stockholders, and a great day for Ancestry.com employees and subscribers around the world,” said […]

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Forbes Covers ‘Titans of Philanthropy’

Forbes photographer Michael Prince has very well may have captured the “Richest Photo in History” with left to right: Warren Buffett, Oprah Winfrey, Bill Gates, Melinda Gates, Peter Peterson, Leon Black, Jon Bon Jovi, Marc Benioff, David Rubenstein, Steve Case, Laura Arrillaga-Andreessen, Marc Andreessen. All respective billionaires in their own field. The occasion of the […]

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Heir to Red Bull Arrested

Vorayuth Yoovidhya, 27, an heir to the Red Bull energy drink fortune was arrested after he struck and killled a Bangkok police officer and dragged his dead body down a street in an early-morning hit-and-run, police said earlier today. Police took Vorayuth in for questioning after tracking oil streaks from […]

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MONEY., NEWS.

Time to Dump Facebook Stock?

Facebook’s post-IPO existence has been totally unpredictable, and beginning Thursday, it will face one of the roughest times ever for a freshly traded company, and that being the very first day that some insiders will be legally allowed to dump the stock. With quite a few initial public offerings, Facebook’s […]

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