Internet Brands Inc to be acquired by Hellman & Friedman Stockholders for $640million
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Alone the name "Hellman" speaks for itself........👍 1Comment
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You can only judge Hellman & Friedman LLC by looking at their history, their interests/objectives and their plans.I buy 420 forums
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Just when I thought things were solidifying, the door to uncertainty is opened wide once again.Plan, Do, Check, Act!Comment
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Nothing good ever comes of equity companies, they are asset strippers.
This is now an even worse situation than before, and will probably make the "old" Internet Brands look like the good guys.
Thank goodness for a certain OTHER announcement made elsewhere today.MARK.B
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B.t.w, it may be interesting, Mr. Hellman has also served as the General Partner at Lehman Brothers and served as president and chairman of Lehman Corporation.Last edited by Ramsesx; Mon 20 Sep '10, 10:13am........Comment
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Mark,
Did you look at who this equity firm currently invests in, and has invested in before making such a broad brushed statement?
Best,
AdrianAdrianComment
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lol yeah - today has been the day of interesting announcements thus far. It'll be intriguing to see what Hellman/Friedman decide to do with vB. I personally will not be purchasing any new vB licenses in the immediate future anyway - but xF sure is looking good LOLComment
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Thats the way business works... if they sell it with a big profit, obviously the people who have purchased it feel that they have added a lot of value to the businessAdrianComment
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