PlanetOut Inc (LGBT) Closes Offices in Buenos Aires and London

July 12, 2007 10:04 AM EDT

PlanetOut Inc (Nasdaq: LGBT) intends to close its international offices. The decision will affect the company's Buenos Aires and London offices.

"While we plan to continue serving our global audience, we made this decision to streamline our business operations and reduce expenses," said Karen Magee, chief executive officer, PlanetOut Inc.


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