1) Internet Brands Inc. (http://www.internetbrands.com) is an internet company like thedirectory.com and bussinesslist.com. Internet Brands Inc was trading on Nasdaq. 16 billion dollars hedge fund Hellman & Friedman LLC took over the company by paying 640 million dollars in 2010.
Hellman & Friedman Type Private, LLC Industry Private equity Founded 1984 Founder(s) Warren Hellman Tully Friedman Headquarters One Maritime Plaza San Francisco, California, United States Products Leveraged buyout, growth capital Total assets $16 billion [1] Employees 50+ (2011) Website www.hf.com
3)FROM RECENT PR: SEEK CEO Gallagher "While we experienced growing pains during the year that prevented us from fully reaching our goals, 2012 will be our third consecutive year of double digit top line growth and the best year our Company has ever had.
We were also excited to have been approached by a $100 Million Company owned by a $20 Billion fund regarding a possible acquisition transaction at this stage of our development.
While no deal we could accept materialized, we identified certain overlooked areas of opportunity during the process that we fully plan to exploit heading into 2013. With these talks now over and our fiscal year ending last week, we've refocused our efforts on completing our financial statements to remove the stop sign on OTC Markets.com as soon as possible and continue the process towards becoming a fully reporting Company in early 2013."
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