Monday, January 10, 2011

Hugh Hefner Buying Playboy Back For $207 Million

The publisher of Playboy magazine has agreed to Hugh Hefner taking the company private. Playboy founder Hugh� Hefner has sweetened his offer to buy Playboy, taking it back private for a cool $207 million. The price of $6.15 a share is an 18 percent premium over Friday’s closing price and values the company at about [...]

Source: http://stupidcelebrities.net/2011/01/10/hugh-hefner-buying-playboy-back-for-207-million/

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