Penthouse going public

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May 15, 2002
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I found this interesting. Penthouse (yes the adult magazine company) is going public and offering an IPO. What's interesting is that their name now is friendfinder.com and they are the same company that does adultfriendfinder. I guess no one can say porn is legitimate. Wonder what the IPO price will be? I must say, companies offering IPO's right now might be something to keep track of. If you're going public right now with the economy in the shitter, you might have potential.

http://moneycentral.hoovers.com/global/msn/factsheet.xhtml?COID=43851

[FONT=Arial,Helvetica,sans-serif]If you're looking for friendship, maybe try knocking on some doors below the penthouse. FriendFinder Networks (formerly Penthouse Media Group) owns and operates a variety of social networking Web sites, including FriendFinder.com, AdultFriendFinder.com, Amigos.com, and AsiaFriendFinder.com. All total, its Web sites are offered in 12 languages to users in some 170 countries. The company also publishes the venerable adult magazine PENTHOUSE, and produces adult video content and related images. It began focusing on the Internet when it acquired Various (doing business as FriendFinder) in 2007. The following year the company changed its name from Penthouse Media Group to FriendFinder Networks and filed an IPO.[/FONT]

[FONT=arial,helvetica,sans-serif]IPO Information[/FONT]

Status: TBA
Filing Date: Dec 23, 2008

Offering Amount (mil.): $460.00

Underwriters:
Renaissance Securities (Cyprus) Limited