Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Answers Corp. > News item |
Answers files $140 million shelf
By Devika Patel
Knoxville, Tenn., July 17 - Answers Corp. registered to sell up to $140 million of securities in an S-3 filing with the Securities and Exchange Commission.
The registration covers common stock, preferred stock, debt securities, warrants and units. Securities may be issued as convertibles.
Proceeds will be used for acquisitions of other companies, products or technologies including the purchase of Lexico Publishing Group, LLC, and for general corporate purposes.
Answers is based in New York and owns and operates two web properties, Answers.com and WikiAnswers.com.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.