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02|04|2010 02:50 pm EDT

AshleyMadison.com Will Not Go Public For Now

by Frank Michlick in Categories: Up to the Minute

As reported earlier, Avid Media Media Inc. (parent company of sites such as AshleyMadison.com) was planning to go public and use part of the raised funds to purchase Moxy Media. According to an article published by Reuters on Feb 1st, the deal is put on hold for now due to lack of interest from the financial community.

Famous SEO expert Aaron Wall had commented on the IPO with the following words:

click arbitrage meets spouse arbitrage…literally! :D

[via @AnnB03]

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February 4, 2010 @ 4:56 pm EDT

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