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FriendFinder IPO

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FriendFinder Networks, (formerly Penthouse Media Group) owner of adult, social and dating websites filed for a $460 million initial public offering (IPO). FriendFinder needs to pay off nearly $400 million in debt. Friend Finder is also the owner of adult Penthouse magazine. The company claims she has 270 million users in 170 countries.

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December 28 2008
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