Finkelstein Thompson LLP Announces Investigation of Answers Corp.

Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Answers Corp. (“Answers” or the “Company”) (Nasdaq: ANSW) concerning the proposed acquisition of the Company by AFCV Holdings, Inc, an affiliate of the private equity firm Summit Partners. Under the terms of the offer, Answers common shareholders will receive $10.50 in cash for each share they own, and Series A and Series B convertible preferred stockholders will be entitled to cash consideration based on the amount of common stock into which those shares are convertible at the time of the merger. The transaction is valued at approximately $127 million, and is expected to close in the second quarter of 2011.

The investigation is focused on the potential unfairness of the consideration to Answers shareholders, the process by which the Board of Directors considered the transaction, and potential conflicts of interests among Answers Board members. The offer price is only 18% above the Company’s trading price the day before the announcement, and the stock has increased nearly 50% since August 2010.

If you are interested in discussing your rights as an Answers shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Answers Corp. (MM) (NASDAQ:ANSW)
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