REUTERS - Jan 10 - FriendFinder
set the terms of its initial public offering on Friday, cutting its size by more than half. FriendFinder's properties range from AdultFriendFinder.com
. It also publishes pictures and video, and the magazine Penthouse. FriendFinder plans to sell 20M shares for $10 to $12, each. At the midpoint that would raise $220M. The company filed for an IPO in December 2008 of up to $460M, but did not disclose details.
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