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Internet Brands Buys WebMD For $2.8 Billion

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El Segundo-based Internet Brands , which is owned by private equity investor KKR, agreed this morning to acquire WebMD in a deal worth approximately $2.8 According to WebMD, Internet Brands will pay $66.50 WebMD operates a popular online health information site. Internet Brands is run by CEO Bob Brisco.

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Internet Brands Acquired For $640M

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El Segundo-based Internet Brands , the Internet media firm headed by Bob Brisco, has been acquired by private equity firm Hellman & Friedman Capital Partners, in a deal worth approximately $640M. According to Internet Brands, Hellman & Friedman will pay $13.35 percent over its closing price Friday.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

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Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. READ MORE>>.