Penthouse owner files for $460 million IPO

December 25 2008 18:05:10

Penthouse owner files for $460 million IPO

Bloomberg

Proceeds of the share sale will be used to pay off debt and for other corporate expenses, the company said in a statement. FriendFinder operates more than 25 Web sites including adultfriendfinder.com and asiafriendfinder.com.

Penthouse Media, which emerged from bankruptcy in 2004, acquired the sites for $500 million in cash and stock last year.

Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant()

Türkiye 'neutralizes' nine PKK members in Iraq, Syria

Kılıçdaroğlu faces first hearing in insult case

Türkiye will continue on path to energy independence, Erdoğan vows

MPs pass reforms on internal security

Probe launched into journalists Altaylı, Saymaz

Famed Turkish author Orhan Kemal’s house in Istanbul for sale

Bodrum underwater museum nominated for top European award

WORLD

COP29 draft deal proposes rich nations give $250 bln in climate finance

A new draft deal at U.N. climate talks Friday proposes rich nations commit $250 billion a year to help poorer nations combat global warming in a bid to break the deadlocked negotiations.

ECONOMY

Over 47 million foreign tourists visit Türkiye in 10 months

Foreign tourist arrivals in Türkiye increased by 7.03 percent year-on-year in January-October to 47.3 million, according to data from the Culture and Tourism Ministry on Nov. 22.

SPORTS

Türkiye heads to Nations League playoffs after Montenegro loss

Türkiye spurned the opportunity to finish atop its group in the UEFA Nations League and qualify for League A directly with a 3-1 loss at Montenegro on Nov. 19 night.