Kendall Law Group Investigates Internet Brands, Inc. Acquisition for Shareholders

Kendall Law Group, led by former federal judge Joe Kendall, is investigating Internet Brands, Inc. (NASDAQ: INET) for shareholders in connection with the proposed acquisition by an affiliate of Hellman & Friedman Capital Partners VI, L.P. The national securities litigation firm is investigating whether a fair process was used prior to entering into the merger agreement and whether the Board of Directors breached their fiduciary duties by not seeking a deal that would provide better value of the Company. If you are an Internet Brands shareholder and would like additional information about your rights, you are urged to contact the Kendall Law Group at 877-744-3728 or by email at skendall@kendalllawgroup.com.

On September 20, 2010, the companies announced the definitive merger agreement under which Internet Brands would be acquired by an affiliate of Hellman & Friedman in a transaction valued at approximately $640 million. Under the terms of the agreement, Internet Brands stockholders will receive $13.35 in cash for each outstanding share of Internet Brands/INET common stock held. While this offer represents a 46.5% premium over the closing price on September 17, 2010, Internet Brands stock was trading for close to $11.00 per share earlier this month. The firm believes that transaction may be significantly undervaluing the company.

Kendall Law Group, founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in many merger and acquisition cases nationwide, including some of the largest transactions in the United States.

Internet Brands, Inc. (MM) (NASDAQ:INET)
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