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Old 03-11-2009   #4
RawAlex
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Join Date: Oct 2002
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Default Re: Court Asked to Toss FriendFinder Acquisition Suit

Haha... I think the key phrase is "no true investment". I think that is a nice way of saying that Andrew and Lars weren't going to get a dump truck load of cash at their front door day 1, probably just a bigger part of a future IPO or similar. Penthouse (according to what I could understand of their IPO filing) appears to have given the AFF owners a sizable amount of money up front to make this deal go.

But hey, what do I know?
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