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03-11-2009
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#4 |
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Join Date: Oct 2002
Posts: 4,036
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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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