Ancestry.com hopes to raise $100 million in IPO
Wednesday, November 4, 2009 - 12:07
in Mathematics & Economics
(AP) -- 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.