Skip to content
Subscriber Only

Answers CEO Seeks More $270 Million Acquisitions

Answers Corp., which lost a bid to buy About.com from the New York Times Co. in August, has other plans to grow through acquisitions, Chief Executive Officer David Karandish said.

The question-and-answer website will try for deals similar in scope to About.com before IAC/InterActiveCorp counterbid and won, Karandish said in an interview yesterday at Bloomberg’s headquarters in New York. Answers had offered $270 million for About.com, a person with knowledge of the matter said at the time, while IAC had offered $300 million.