Update On AdultFriendFinder Acquisition – Penthouse May Be The Buyer

Saturday, November 17th, 2007

J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995), and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More

More on the acquisition rumor from yesterday – another source now says they were acquired by Penthouse Media Group, and the price was closer to $500 million. Whether or not a transaction has occured is still somewhat vague, but it seems clear from multiple sources now that Various, Inc., the parent company to Adult FriendFinder and other sites, has at least been trying to sell itself aggressively.

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