Blackstone explores $ 10B subscription or selling it to Ancestry.com

Blackstone Inc. (NYSE:BxHe is one of The best American stocks to buy and keep them for the next 3 years. On September 25, Reuters reported that BlackStone is currently exploring the strategic options for Ancestry.com, the famous genealogy and DNA test platform. These options include follow -up of a preliminary initial public offer or an explicit sale of the company.

The sources familiar with the matter, which asked not to be identified, indicated that Blackstone has called on banks to submit proposals for public subscription, as requests are submitted earlier in the week on September 25. A general list for Lehi, may be estimated by a company based in Utah, is about $ 10 billion, although discussions are in the early stages and the details remain subject to change.

Blackstone also studies the alternative option to sell the original. However, the private stock company did not end with any decision and may choose to stick to the original for a longer period. Blackstone and Ancestry.com refused to comment on the matter.

Blackstone Inc. (NYSE: BX) is an alternative asset management company specialized in private stocks, real estate, hedge boxes, credit, secondary boxes, public debts and stocks, and multi -class strategies.

Although we acknowledge the BX capabilities as an investment, we believe that some of the artificial intelligence shares provide greater potential in the upward direction and carry less risks on the negative side. If you are looking for a stock of artificial intelligence with less than very apprecia The best inventory of artificial intelligence in the short term.

Read the following: 30 stocks must double in 3 years and 11 stocks of hidden artificial intelligence for purchase now.

Detection: Nothing. This article was originally published in A monkey from the inside.