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Ancestry.com Inc. Message Board

  • iamnathan iamnathan Oct 22, 2012 5:02 AM Flag

    The title of my message to ACOM IR Dept. was: $32? Are you kidding me?

    $32? Are you kidding me?
    -------------------------------------------------------------------------------------------------------------------------------------
    I could have sold my shares for over $33 from July 27 through August 6!

    Why would I agree to sell for less than $33.80, and why did you?

    Don't the shareholders get to vote on this?
    --------------------------------------------------------------------------------------------------------------------------------------

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Any insight into why the ACOM board has been acting so terribly desperate to unload the company would be greatly appreciated.

      Sentiment: Strong Buy

      • 1 Reply to shovavtov
      • Ancestry's CEO and President, Tim Sullivan, and the CFO/COO, Howard Hochhauser, will both retain the majority of their equity stakes in the Company after the deal closes.

        They will continue to share in the success of the company, while we are sold out for a price per share that is less than the 52 week high.

        The SEC should freeze this deal while they investigate it for an obvious conflict of interest and corruption!

 

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