Hi Joyce: I wouldn't be surprised to see pop-up ads and singing frogs first. Cheers! Doreen ======== > From: joycestevens@twmi.rr.com > To: ontario@rootsweb.com > Date: Sat, 20 Oct 2007 21:39:31 -0400 > Subject: [ONTARIO] Press Release re acquisition of Ancestry.com > > So much is about money. Am I overly pessimistic in considering the > possibility Rootsweb could become a paid subscription service? I hope not. > Joyce Stevens > > > > PROVO, Utah, Oct. 17 /PRNewswire/ -- The Generations Network, Inc., today > announced that Spectrum Equity Investors will lead an investment of $300 > million to purchase a majority interest in the company. Spectrum, a private > equity firm based in Menlo Park and Boston, has been a shareholder in The > Generations Network since 2003. Following the transaction, Vic Parker and > Ben Spero from Spectrum will serve on the company's new board of directors, > along with Tim Sullivan, President and CEO of The Generations Network. > Additional terms of the transaction were not disclosed. The acquisition is > subject to customary regulatory and closing conditions and is expected to > close in 2007. > > The Generations Network's portfolio of sites and products includes > Ancestry.com and seven international Ancestry sites, myfamily.com, > Rootsweb.com, Genealogy.com, Family Tree MakerR and Ancestry Magazine. The > company's current management team will continue to lead the company. " > > You can read the rest of the article at: > > http://tgn.mediaroom.com/index.php?s=43&item=111 > ...... > > Doreen > _________________________________________________________________ R U Ready for Windows Live Messenger Beta 8.5? Try it today! http://entertainment.sympatico.msn.ca/WindowsLiveMessenger