Penthouse to file for a $250 Million IPO - GoFuckYourself.com

Pornwolf · 03-05-2008, 07:10 PM

Quote:

Originally Posted by Paidcontent.org

Penthouse Media Group, the troubled adult media company, plans to file for a $250 million IPO, the company has announced. It says it plans to file the S-1 in Q2 of this year. "The net proceeds of the offering will be used primarily to discharge existing indebtedness. The size, nature and manner of the offering are subject to change."

This is the company's second attempt at going public...the previous incarnation went public in 1993. The company filed for bankruptcy in 2003, and emerged from it a few months later. In December last year, it announced buying adult social networking company AdultFriendFinder for about $500 million. The background of the stories company and its troubles over the years is documented here.

Click here for the source

helic0pter · 03-05-2008, 07:29 PM

Hmm... interesting. Who here is investing in 'em?

Mutt · 03-05-2008, 08:50 PM

if that IPO flies i would short the shit out of that stock.

Fap · 03-05-2008, 08:55 PM

i know im not investing..

tony286 · 03-05-2008, 08:56 PM

Has there ever been a really successful ipo for a adult company?

Fap · 03-05-2008, 08:59 PM

Quote:

Originally Posted by tony404

Has there ever been a really successful ipo for a adult company?

Google.. duh

03-05-2008, 08:50 PM	#3
Mutt Too lazy to set a custom title Industry Role: Join Date: Sep 2002 Posts: 34,431	if that IPO flies i would short the shit out of that stock. __________________ I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!

03-05-2008, 07:29 PM	#2
helic0pter Confirmed User Join Date: Feb 2008 Posts: 155	Hmm... interesting. Who here is investing in 'em?

03-05-2008, 08:55 PM	#4
Fap Just Du It Industry Role: Join Date: Feb 2004 Posts: 12,094	i know im not investing..

03-05-2008, 08:56 PM	#5
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	Has there ever been a really successful ipo for a adult company?