INET Internet Brands, Inc. (MM)

The Law Office of Jonathan M. Stein, P.L. is investigating the Board of Directors of Internet Brands, Inc. ("Internet Brands" or the "Company") (Nasdaq: INET) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to complete a sale of the Company to an affiliate of Hellman & Friedman Capital Partners VI, L.P. Under the terms of the proposed transaction, Internet Brands shareholders are to receive $13.35 in cash for each share of Internet Brands common stock they own.

The investigation involves whether the Board of Directors of Internet Brands breached their fiduciary duties to Internet Brands stockholders by failing to adequately shop the Company before agreeing to enter into the transaction and whether Internet Brands has disclosed all material information to shareholders about the proposed transaction. Specifically, according to Yahoo Finance, one analyst has placed a twelve-month price target on the Company’s stock of $14.00 per share.

If you own stock in Internet Brands and wish to obtain additional information, or if you have information about the above investigation, please contact Jonathan M. Stein, Esq. either via email at jstein@jonathansteinlaw.com or by telephone at (561) 961-2244.

The Law Office of Jonathan M. Stein, P.L. represents shareholders and consumers in complex litigation, including class action and derivative litigation. More information about the firm is available through its website, www.jonathansteinlaw.com, and upon request from the firm. Jonathan M. Stein is the attorney responsible for the content of this release.

www.jonathansteinlaw.com

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