peHUB » Summit Partners Inks $127 Mln Buy of Answers.com

UBS Investment Bank is acting as exclusive financial advisor and Kramer, Levin, Naftalis & Frankel, LLC as legal advisor to Answers.com. Jefferies & Company, Inc. is serving as financial advisor and Wilson Sonsini Goodrich & Rosati, .... The high-end residential market in and around Palo Alto, where the company is headquartered, is “totally dry, totally dry,” says real estate agent Heidi Maierhofer, a Bay Area native who has been selling homes for the past decade. ...

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