<P> In August 2014, Apax Partners acquired Answers Corp. for $900 million . The terms of the deal were that Apax would own 91% of the company while Answers' founders and management team will own the remaining 9% stake . </P> <P> In March 2017, Answers.com parent company, Answers Corp, filed for Chapter 11 bankruptcy . </P> <P> As of May 3, 2018, Answers.com abandoned their wiki format, according to Chris Hawkins, Vice President, Business Operations . The entire user database was purged, and users can no longer edit questions or answers on the site . </P>

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