Source: The Business Journals

Answers: Answers Corp. emerges from bankruptcy

Officials with Answers Corp., the St. Louis-based company that was best known for its question and answer website (Answers.com), said the company has emerged from Chapter 11 bankruptcy just more than 30 days after it filed for the protection. Answers Corp. swapped ownership of the company to creditors who were owed about $547 million. Those include Bank of America and Credit Suisse, according to court documents. Under the plan, the company lowered its debt by 86 percent to about $76 million. Answers...

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Est. Annual Revenue
$100-500M
Est. Employees
250-500
Rich Dredge's photo - CEO of Answers

CEO

Rich Dredge

CEO Approval Rating

75/100

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