Private equity firm KKR & Co. LP  (NYSE: KKR) is paying $1.1 billion for Internet Brands Inc., the operator of business websites, such as Lawyers.com and ApartmentRatings.com.  

Internet Brands, which was taken private for $640 million in 2010 by funds managed by Hellman & Friedman and JMI Equity, also runs online car buying service CarsDirect.com. Separately, El Segundo, California-based Internet Brands is known for providing autodata software and services to Chrysler Group LLC, Ford Motor Co. (NYSE: F) and Toyota Motor Corp. (NYSE: TM).

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