Playboy Enterprises

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Playboy's New Owner? Hugh Hefner

Founder will buy company back, take it private

(Newser) - Can Hugh Hefner save Playboy by buying it back? That’s what the founder—and the company’s largest shareholder—has decided to do, Chicago Breaking Business reports. Hef’s Icon Acquisition Holdings LP will take Playboy Enterprises private . The price of $6.15 a share is an 18% premium... More »

Hefner Sparks Bidding War for Playboy

Founder wants to take media company private

(Newser) - Founder Hugh Hefner wants to take Playboy private, and he mounted a bid today that values the struggling company at $185 million, Bloomberg reports . Playboy Enterprises stock closed up almost 41% and attracted interest from another party—but who would want a conglomerate that's lost $20 million in just 2... More »

2 Stories