Summit's $127 Mln Buy of Answers.com Gets FTC Clearance
The FTC has granted early termination, under Hart-Scott Rodino, of Summit Partner's $127 million buy of Answers.com. The sale still needs certain other closing conditions, including approval of Answers.com's stockholders. A special meeting of Answers.com’s stockholders has been called for April 12. Summit announced its buy of Answers.com in February.
9 March 2011•3 mins read
