Mid-day Update

Ancestry.com rakes in profits, buys up competitor

Jeremy Hobson and David Brancaccio Apr 26, 2012

Ancestry.com — one of the most popular online family tree websites — announced that it will buy rival website Archives.com for around $100 million.

How did the world of online genealogy become such big business?

Here to talk with us in today’s Mid-day Extra is Diane Haddad, managing editor at Family Tree Magazine.

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