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Can you purchase stocks within an adultery web site?

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Quentin Fottrell


AshleyMadison hopes to improve $200 million within an IPO

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Noel Biderman, CEO of AshleyMadison

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Call it stocks for affairs.

The Toronto-based media business Avid lifestyle Media Inc., which has Ashley Madison, the “most famous site for discreet encounters between married individuals,” announced the other day so it hopes to boost $200 million in a preliminary general general general public offering in London later this year after failing in a past effort in Canada year that is last.

Although Avid lifestyle Media has other web internet web web internet sites, like Cougarlife — where females search for more youthful males — and EstablishedMen — where men search for younger ladies — Ashley Madison comprises around 70percent of Avid’s $150 million revenue that is annual states Noel Biderman, CEO regarding the web web web site. Continue reading »