500M? 1B? Update on AFF sale to Penthouse

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  • xmas13
    Confirmed User
    • Dec 2004
    • 5176

    #1

    500M? 1B? Update on AFF sale to Penthouse

    http://www.techcrunch.com/2007/11/17...-be-the-buyer/
    More on the acquisition rumor from yesterday - another source now says they were acquired by Penthouse Media Group, and the price was closer to $500 million. While the buyer and size of the transaction are still somewhat vague, it seems clear from multiple sources now that Various, Inc., the parent company to Adult FriendFinder and other sites, has been acquired.
    From 1B to 500M................................ then 250M including debt, and... finally 125M cash.

    ICQ 557504926
  • Iron Fist
    Too lazy to set a custom title
    • Dec 2006
    • 23400

    #2
    It's Saturday - all rumors until Monday now
    i like waffles

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    • xmas13
      Confirmed User
      • Dec 2004
      • 5176

      #3
      Originally posted by sharphead
      It's Saturday - all rumors until Monday now
      TechCrunch traffic shot up
      ICQ 557504926

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