View Single Post
Old 12-22-2005   #1
DrGuile
french with welsh tendancies
 
DrGuile's Avatar
 
Join Date: Oct 2002
Posts: 2,007
Default Adult.com/Playboy SEC filing

At the end of the third quarter, we acquired an online distribution business to complement our current online business for consideration of $12.0 million, of which $8.0 million was paid at closing, with an additional $2.0 million payable on each of the first and second anniversaries of the closing. Pursuant to the asset purchase agreement, we are obligated to pay future contingent earnout payments, payable over a five-year period, based primarily on the financial performance of the acquired lines of business.

http://yahoo.brand.edgar-online.com/...05-005239&nad=



Id have sold faster than you can say 'volatile business environment'
__________________

LiveBucks / Privatefeeds - Giving you money since 1999
Up to 40% Commission!
25% Webmaster Referal
DrGuile is offline   Reply With Quote