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10/22, 7:47pm

Permira Advisers to buy family-history web service and Permira Advisers have reached an agreement in which European Equity firm Permira will purchase for $1.6 billion. Permira will pay about $32 per share for, nearly a 10 percent premium over the site's $29.18 closing price from Friday. shares rose on the news, closing up 7.8 percent at $31.44 today.



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