Blackstone Reaches $4.7 Billion Deal to Buy Ancestry.com

Blackstone Group Inc. acquired a majority stake in Ancestry.com Inc., the business known for family history research and DNA testing.

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4.7 Billion. Sounds like money laundering to me.
- I do not really get it, either...
  
  Unless, of course, it is going to be used for ethically questionable applications, like informing the insurance industry of how to insure people as they hold their collective DNA on record.