Merger and Acquisition Update: Yahoo’s Multiple Potential Purchases, Ancestry.com Bought By Consortium

Yahoo! (NASDAQ:YHOO) has “appeared to show interest” in acquiring OpenTable (NASDAQ:OPEN) and Millennial Media (MM) when pitched on deals by bankers, says a source to Reuters. Other possible buys that have Yahoo’s interest are PubMatic, which supplies ad monetization services for Web publishers, and Turn which develops ad targeting applications.

The genealogy giant Ancestry.com (NASDAQ:ACOM) confirms that it will be purchased by a consortium led by European private equity company Permiray for $1.6 billion. The offer of $32 per share represents a 40 percent bonus to Ancestry’s share price in June before reports surfaced that it was up for sale.

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The Japanese transportation equipment firm Toyota Industries will purchase Cascade Corporation (NYSE:CASC), which supplies parts for the lift trucks industry, at a price of $759 million. The bid of $65 per share marks a premium of 18 percent to Cascade’s Friday close.

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