Playboy Going Private in Hefner-Backed Buyout
by Melly Alazraki on Jan.10, 2011, under Towing
For more than a year, adult entertainment company Playboy Enterprises has been looking for someone to save it, but in the end, its savior came from within. Last July, founder Hugh Hefner offered to take Playboy private, and Monday, the company finally announced that it has agreed to his offer.
Continue reading Playboy Going Private in Hefner-Backed Buyout
Playboy Going Private in Hefner-Backed Buyout originally appeared on DailyFinance on Mon, 10 Jan 2011 09:25:00.
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