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Internet Brands being purchased?

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Old 09-24-2010, 05:36 AM
vandemonium vandemonium is offline
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Internet Brands being purchased?

I read somewhere that Internet Brands, owner of FTE, has agreed to be purchased by another company. Is this true?

Will new ownership change anything with this site?
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Old 11-01-2010, 09:15 AM
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Apparently it is true. Looks like the stock holders did very well.

Internet Brands, Inc. - Internet Brands Agrees to Be Acquired by Hellman & Friedman Stockholders to Receive $13.35 per Share

Investor groups typically buy because the target company's business model works. They usually don't effect enough change that would impact the customer.
 
 
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