Adult.com/Playboy SEC filing

DrGuile · 12-22-2005

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'

12-22-2005	#1
DrGuile french with welsh tendancies Join Date: Oct 2002 Posts: 2,007	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