Internet Brands Acquired For $640 Million

Internet Brands, the company that owns FlyerTalk, vBulletin and greater than 100 other Internet web sites, announced that it has been acquired by an affiliate of private equity investment firm Hellman & Friedman Capital Partners VI in a deal said to be worth approximately $640 million.

However, an investigation is pending regarding whether or not the Board of Directors of Internet Brands has breached its fiduciary duties to stockholders by “failing to adequately shop the Company” before agreeing to the acquisition.

So what does all of this mean for FlyerTalk and vBulletin, the bulletin board software that powers FlyerTalk?


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