Correction, 3:05 p.m. PT January 7: This story incorrectly identified the firm underwriting FriendFinder's IPO. The firm providing that service is Renaissance Securities (Cyprus) Limited.
This was originally posted at ZDNet's Between the Lines.
FriendFinder Networks, the company formerly known as Penthouse Media Group, is filing to go public to pay off almost a half a billion in debt in an equity market that stinks. Simply put, FriendFinder is launching an IPO Hail Mary to stay alive. At least FriendFinder's initial public offering filing turned up a bunch of interesting nuggets.
FriendFinder is best known … Read more