Answers.com Files For $140 Million Raise

By Rafat Ali Jul. 17, 2007, 9:02pm Comments Off

Answers.com, which yesterday announced that it was buying the parent of Dictionary.com for $100 million, has filed a universal shelf registration statement with SEC and says it may periodically sell up to $140 million in debt securities, common stock, preferred stock, warrants, and units. It intends to use the money for this and other acquisitions. More here.