FriendFinder Networks Plans To Revisit Public Offering
- Thursday, April 07 2011 @ 05:02 pm
- Contributed by: Editor
- Views: 1,860
Last month in a press release FriendFinder Networks announced that they want to re-launch its proposed initial public offering of common stock.
The story of their IPO started back in December of 2008 when FriendFinder Networks first filed their IPO with the U.S. Securities and Exchange Commission for $460 million (see Story). In January 2010 they revised their initial public offering to less than half at $220 million (see Story). By February things were not looking so good and citing market conditions FriendFinder Networks delayed their IPO indefinitely (see Story).
For more information on dating services which FriendFinder Networks operates, you can check out our FriendFinder.com review and our Passion.com review.
The story of their IPO started back in December of 2008 when FriendFinder Networks first filed their IPO with the U.S. Securities and Exchange Commission for $460 million (see Story). In January 2010 they revised their initial public offering to less than half at $220 million (see Story). By February things were not looking so good and citing market conditions FriendFinder Networks delayed their IPO indefinitely (see Story).
For more information on dating services which FriendFinder Networks operates, you can check out our FriendFinder.com review and our Passion.com review.
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