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I couldn't think of any public trust that's going to benefit to a buy out like this.
To me, it totally makes sense for a private entity/ corpo to handle private data [with consent] from its clients.
I see this as more like the old 23andMe had a private service going on that can't the public sector doesn't. It doesn't make sense for the government the size of USA to prioritize/suddenly adjust policies and provide the same service.
What could be possible is for local governments to step up via public petitions -- but even that could be a stretch in terms of cash-in-hand.