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Answers CEO Seeks More $270 Million Acquisitions

Answers Corp., which lost a bid to buy 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 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, a person with knowledge of the matter said at the time, while IAC had offered $300 million.