Ancestry.com to Take IPO Plunge
Genealogy Web site Ancestry.com hopes to raise about $100 million when it goes public this week. With more than a million paying subscribers, little competition, a small debt load and a record of increasing revenues, it may fare better than other IPOs that have recently priced below their filing ranges. The Provo, Utah-based company, which is the world’s largest online resource for birth certificates and marriage records, expects to price the shares between $12.50 and $14.50 apiece on Wednesday.
Continued here:
Ancestry.com to Take IPO Plunge
Tags: commerce-times, quantcast, skip, skip-this-advertisement-, this, times, wall street, welcome