Goldman Sachs - Alaska Alternatives

Embed Size (px)

DESCRIPTION

Finance

Citation preview

Ancestry.com Inc. (Form: SC 13E3/A, Received: 11/23/2012 06:05:58)

PRELIMINARY & CONFIDENTIAL

1 Analysis uses GS Research or IBES median estimates adjusted to include only research analysts that have updated their projections to reflect Q2 2012 results. GS Research non-GAAP net income and EPS estimates have been adjusted to e definition used by the other brokers that comprise IBES median estimates.2 It is expected the Company would ha

PRELIMINARY

PRELIMINARY & CONFIDENTI

PRELIMINARY & CONFIDENTIALTheoretical OMR VWAP Simulation

PRELIMINARY & CONFIDENTIAL

PRELIMINARY & CONFIDENTIALTender Precedents

PRELIMINAR

PRELIMINARY & CO

PRELIMINARY & CONFIDENTIALAppendix A: Additional Materials

PRELI

Liquidity Considerations in the Context of a Tender: Additional SensitivitiesPro Forma Float

PRELIMINARY & CONFIDENTIAL

PRELIMINARY &NFIDENTIALGenerations Trading Multiples in Context

PRELIMINARY & CONFIDENTIALGeneration Financial SummaryGS Research Projections Pro Forma for Archives.com ($ in millions, except per share data)Actual GS Research Pro Forma for Archives.com2010A 2011A 2012E 2013E 2014E 2015E 2016E

PRELIMINARY & CON

PRELIMINARY & CONFIDENTIAL

PRELIMINARY & CONFIDENTIAL

PRELIMINARY & CONFIDENTIALSelected Tech / Internet Levered Public Companies

PRELIMINARY & CONFIDENTIALGiven Size, Tender Offer Execution Is Optimal

PRELIMINARY & CONFIDENTIAL

PRELIMINARY & CONFIDENTIAL

PRELIMINARY & CONFIDENTIALGenerations Float Already Low