Hellman & Friedman Capital Partners VI To Buy Internet Brands For $640M

By Eamon — 5 years ago

An affiliate of Hellman & Friedman Capital Partners VI LP agreed to acquire Internet Brands Inc. in a transaction valued at about $640 million. Internet Brands’ shareholders will receive $13.35 in cash per share. This bid represents a premium of about 46.5 percent compared with the Internet media company’s closing price on Sept. 17, 2010.

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