FriendFinder Files For $460 million IPO

REUTERS -- Dec 23 -- FriendFinder Networks Inc, an operator of social-networking websites and publisher of the adult men's magazine Penthouse, filed on Tuesday for a $460m initial public offering. FriendFinder plans to use the proceeds of its IPO primarily to pay off debt, according to a filing with the U.S. Securities and Exchange Commission. FULL ARTICLE @ REUTERS

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