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FriendFinder prices IPO at $10, bottom of its range

May 10, 2011
FFN

FriendFinder Networks, a online adult social networking and multimedia entertainment company, raised $50 million by offering 5 million shares at $10, the low end of its filed $10-$12 range. FriendFinder Networks is expected to begin trading on Wednesday on the NASDAQ under the symbol FFN. Imperial Capital and Ladenburg Thalmann & Co. acted as lead managers on the deal.