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XBIZ NEWS: FriendFinder Swallows Penthouse, Files $460M IPO
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12-24-2008, 02:08 PM
EthnicLover
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Join Date: Feb 2007
Location: S. California
Posts: 1,584
"FriendFinder plans to use the proceeds of its IPO primarily to pay off debt, according to the filing."
Wow that is some serious dough. Too bad its going towards debt.
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