Quote:
Originally Posted by pradaboy
$210m for Playboy seems cheap.
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It is more than Hugh Hefner offered to take it back private! Hugh offered $185 Million!
'Hugh Hefner announced he wanted to buy the remaining shares of the iconic bunny brand and take the company private. Hefner already owns 69.5% of Playboy's class A stock and 27.7% of its class B stock.
After he announced he wanted to buy the outstanding shares for $5.50 each on Monday morning, the stock surged 41%. That deal would value Playboy at $185 million"
http://money.cnn.com/2010/07/15/news...yboy/index.htm