Update On The AdultFriendFinder Deal
 

The rumors keep flying with the AdultFriendFinder deal we’ve been writing about (see update here).No sale has yet been closed, but not due to a lack of a willing seller. We’ve gotten confirmation, from a new source, that their annual revenues are “over $300 million.” And we’re now hearing EBITDA numbers in the $100 million/year [...]

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Re: Update On The AdultFriendFinder Deal
 

There are exciting times ahead for all of us here at FriendFinder, Inc. In order to share the news and updates with staff all at the same time, we have booked a theatre for tomorrow at 2:00 pm. We are requesting that all staff be present except for the swing/grave shift staff or staff who are normally off on Tuesdays. They are welcome to attend on their own accord or their managers can brief them in the evening or following day. Below is the address of the theatre, which is on the corner of El Camino and Page Mill. We look forwarding to seeing all the staff and sharing our plans for 2008.