0
(Draw your own conclusion from this Wikipedia.org excerpt about Answers.com -- boldface highlighting was added.)
...on February 3, Answers.com announced in a press release that it had agreed to be acquired by AFCV Holdings for $127 million in cash. AFCV Holdings, LLC, is a portfolio company of growth equity investor Summit Partners. Bob Rosenschein was quoted: "The acquisition price of $10.50 per share represents a significant cash premium of approximately 33% over our 90-day volume-weighted average closing stock price."
On April 23, 2012 TA Associates announced that it was joining as an additional private investor in Answers.com and on May 1, 2012 laid off the remaining development staff in the Jerusalem office as a first step in fully assimilating the company.
On August 8, 2012, reports surfaced that Answers.com had reached a preliminary agreement to acquire About.com from The New York Times Company for $270 million...
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What happened to the Entertainment and Arts catergory in Answerscom?
The Entertainment and Arts category in Answers.com is now just called Entertainment.
Where did the Trojan war happened?
TROY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Why is answerscom answerscom?
because the inventor of answers.com thought of that name and it has answers.com because you can answer questions....
What happened to highlights today?
Nothing. Highlights is kind of a magazine that kids read they are still making it each book is kind of the same so nothing happened really but if you were talking about something else well sorry i don't know.
Is answerscom a party?
no.
Where does answerscom get its funding?
Advertisements
Can you tell jokes on answerscom?
no.
Why is Answerscom so pathetic?
No
How do you leave answerscom?
You can't
When was answerscom created exactly?
2005.
How do you answer questions on answerscom with a Kindle?
You can not do that from Kindle.
How do you get paid work for answerscom?
cash
