Simpson Reps Equity Co. In $640M Website Brands Buy

Law360, New York (September 20, 2010, 12:08 PM EDT) -- Private equity firm Hellman & Friedman LLC said Monday that it would acquire Internet Brands Inc., a media company that operates more than 100 websites, including and, for around $640 million.

Under the terms of the agreement, Internet Brands stockholders will receive $13.35 in cash for each outstanding share of common stock — a price that represents a premium of around 46.5 percent over the closing price on Sept. 17, the companies said Monday.

Bank of America NA, BMO Capital Markets, GE Capital and...
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