World
PlanetOut Inc.
raises $26.2 million
PlanetOut Inc.
raises $26.2 million
PlanetOut Inc. announced today that it has raised $26.2 million to meet the capital requirements set forth by its lender, according to a press release by PR Newswire. The transaction, which includes the sale of 22.8 million shares of common stock to a small group of investors, is expected to close by July 6, 2007.
Advocate Contributors
July 02 2007 12:00 AM EST
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