Porn Co. Shareholders Challenge Larry Flynt's $33M Takeover

By Ama Sarfo (November 9, 2012, 3:39 PM EST) -- Adult-entertainment production and distribution company New Frontier Media Inc. on Thursday was hit with a putative shareholder class action in Colorado federal court alleging that Larry Flynt's proposed $33 million takeover of the company is "grossly inadequate."...

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