Various

Penthouse Buys Adult Social Network Firm Various for $500M

Authored by Mark Hefflinger on December 12, 2007 - 8:26am.

Boca Raton, Fla. - Penthouse Media Group, the publisher of Penthouse Magazine, announced on Wednesday that it has acquired Various, Inc., and its stable of social networking and dating sites that include AdultFriendFinder.com, for $500 million in cash and securities.