Answers Corp files for bankruptcy to cut $471 million in debt

(Reuters) - Answers Corp [AFCVHA.UL], which owns the Answers.com and Multiply websites, filed for Chapter 11 bankruptcy on Friday with a plan to swap ownership of the company to creditors who are owed about $540 million, according to court documents.

from Reuters: Technology News http://ift.tt/2lEyBCw
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