Quote:
Originally Posted by WiredGuy
Read the financial that are public for their upcoming IPO. They have massive debts.
WG
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For fuck sakes can't half you guy fucking READ?
PENTHOUSE borrowed 500M to purchase Various Inc from Conru than renamed the new company (including the new debt) FriendFinder Networks.
Let me make it easy for you: AFF no debt, Penthouse buys is with 500M of borrowed money, new company 500M debt...
It is in the filing and discussed in every single thread regarding the sale.