Oprano Adult Industry Forums - View Single Post - Confirmed: Penthouse Buys AdultFriendFinder For $500 Million

RawAlex · 12-12-2007

Toby, that interview is key for some other reasons as well. In a sense, it shows that the 500 or 300 million number isn't exactly all it is cracked up to be.

Conru and Lars will be maintaining sizable holdings in the "new" company. So they may have traded 100% of AFF for 50% of Penthouse. In theory, they were bought out for X, but the actual money trading hands maybe significantly lower (like, perhaps, not all that much).

The other question is Penthouse... I see a penthouse international as a Pink Sheet stock. Is this the new owner? Or is that the previous (mostly dead) branch of Penthouse?

12-12-2007	#14
RawAlex Members $100 for every ImLive sign-up Join Date: Oct 2002 Posts: 4,036	Re: Confirmed: Penthouse Buys AdultFriendFinder For $500 Million Toby, that interview is key for some other reasons as well. In a sense, it shows that the 500 or 300 million number isn't exactly all it is cracked up to be. Conru and Lars will be maintaining sizable holdings in the "new" company. So they may have traded 100% of AFF for 50% of Penthouse. In theory, they were bought out for X, but the actual money trading hands maybe significantly lower (like, perhaps, not all that much). The other question is Penthouse... I see a penthouse international as a Pink Sheet stock. Is this the new owner? Or is that the previous (mostly dead) branch of Penthouse? __________________ Let's go to the edge of disaster Push the pedal and go a little faster Let's slam into a wall at ramming speed Let's go to the edge of a mountain Jump off and lets start countin' Hit the ground and tell me if it bleeds