Answers.com (ANSW) Annoucned Completion of Acquisition by AFCV Holdings
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Answers.com (NASDAQ: ANSW) announced that AFCV Holdings has successfully completed the previously announced merger to acquire Answers.com.
Answers.com’s stockholders approved the merger at a special meeting of stockholders on Thursday. Answers.com common stockholders will receive $10.50 per share in cash, without interest and less any applicable withholding taxes, for each share of common stock they owned immediately prior to the effective time of the merger, other than shares owned by stockholders who have properly exercised appraisal rights.
Answers.com’s common stock will cease trading on The NASDAQ Capital Market at the close of market Thursday and will be delisted.
Answers.com’s stockholders approved the merger at a special meeting of stockholders on Thursday. Answers.com common stockholders will receive $10.50 per share in cash, without interest and less any applicable withholding taxes, for each share of common stock they owned immediately prior to the effective time of the merger, other than shares owned by stockholders who have properly exercised appraisal rights.
Answers.com’s common stock will cease trading on The NASDAQ Capital Market at the close of market Thursday and will be delisted.
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