AshleyMadison Adultery Website to Seek IPO This Year

Bloomberg: AshleyMadison.com, a dating website for cheating spouses, wants to hook up with investors by pursuing an initial public offering in London this year. The site’s parent company, which failed with a previous IPO attempt in Canada, said it is looking to raise as much as $200 million to exploit booming demand for its services. AshleyMadison had sales of $115 million last year, an almost fourfold increase on 2009.