The Law Office of Robbins Umeda LLP Announces an Investigation of the Acquisition of Internet Brands, Inc. by Hellman & Fried...

Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors ("Board") of Internet Brands, Inc. ("Internet Brands" or the "Company") (NASDAQ: INET) in connection with their efforts to sell Internet Brands to Hellman & Friedman Capital Partners VI, L.P. ("Hellman & Friedman"). If the transaction is completed, Internet Brands shareholders will receive $13.35 in cash for each share of Internet Brands common stock they hold. The transaction is expected to be completed in the fourth quarter of 2010.

Robbins Umeda LLP's investigation concerns whether Internet Brand's Board undertook a fair process to obtain fair consideration for all shareholders of Internet Brands. Specifically, our investigation concerns whether members of the Company's Board breached their fiduciary duties to Internet Brands shareholders by failing to adequately shop the Company before entering into the transaction with Hellman & Friedman. Of note, at least one analyst set a target price for the Company at $14.00 per share. Furthermore, Internet Brands Inc. reported strong revenues for second quarter of 2010, growing 21% year over year.

If you are a shareholder of Internet Brands, plan to continue to hold your shares, and would like more information about your rights as a shareholder, please contact attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at info@robbinsumeda.com.

Robbins Umeda LLP is a California-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please go to http://www.robbinsumeda.com.

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