lexico

Ask.com Completes Lexico Acquisition, Bags Dictionary.com Et Al - 3 Comments
Posted By Robert Andrews - Fri 04 Jul 2008 07:56 AM PST

Losing its independence on Independence Day, Lexico is now part of the Ask.com family, as IAC’s (NSDQ: IACI) portal completes its purported $100 million cash acquisition of the Dictionary.com, Thesaurus.com…

10-K Watch: Answers.com: $925K In Reimbursements For Failed Lexico Bid; $2.6 Million Total Charge - 1 Comment
Posted By Joseph Weisenthal - Fri 04 Apr 2008 11:57 AM PST

Reference service Answers.com’s (NSDQ: ANSW) failure to close the acquisition of Dictionary.com parent Lexico, as a result of an inability to secure financing, cost it $925,000. According to the company’s…

Update: Answers.com Bid For Lexico Nixed; Stock Sale Is Pulled - 0 Comments
Posted By Joseph Weisenthal - Wed 13 Feb 2008 05:04 AM PST

As we had suspected all along, this one did not go through: Answers Corp.’s (NSDQ: ANSW) uphill battle to acquire Dictionary.com parent Lexico has failed, as the company’s last-ditch $100…

Answers.com Shares Crater; Share Sale Threatened? - 2 Comments
Posted By Joseph Weisenthal - Fri 18 Jan 2008 02:47 PM PST

On Wednesday, Answers Corp (NSDQ: ANSW). announced a fresh attempt to raise cash to fund its attempted acquisition of Lexico: a plan to sell 14.94 million shares, raising $100 million.…

Answers.com Extends Deadline For Lexico Acquisition by 48 Days; Ups Reimbursement if Deal Fails - 9 Comments
Posted By Joseph Weisenthal - Fri 16 Nov 2007 08:05 AM PST

Another sign that Answers.com (NSDQ: ANSW) may not be able to complete its $100 million acquisition of Lexico (parent of Dictionary.com) ... in a filing with the SEC this morning,…

Earnings: Answers.com Q3 Revenue Up 19 Percent; Losses Grow on Higher Costs - 2 Comments
Posted By Joseph Weisenthal - Tue 06 Nov 2007 02:04 PM PST

Reference site Answers.com reported Q3 revenue of $2.2 million, up 19 percent over last year’s $1.85 million. Net loss expanded in the quarter by 65 percent to $1.95 million (.25…