Ford Truck Enthusiasts Forums

Ford Truck Enthusiasts Forums (https://www.ford-trucks.com/forums/index.php)
-   Site Announcements (https://www.ford-trucks.com/forums/forum74/)
-   -   Internet Brands being purchased? (https://www.ford-trucks.com/forums/995038-internet-brands-being-purchased.html)

vandemonium 09-24-2010 04:36 AM

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?

kw5413 11-01-2010 08:15 AM

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.


All times are GMT -5. The time now is 05:32 PM.


© 2024 MH Sub I, LLC dba Internet Brands