Thursday, March 24, 2016

PlayBoy Enterprise To Be Sold For $207Million .

Report Indicates Playboy Might Be Sold
A new report from the Wall Street Journalsays that Playboy Enterprises Inc. might be sold soon.According to sources, the investment bank Moelis & Co. is “advising” the company, which went private a few years ago for a deal that valued the company at $207 million:


Playboy could fetch north of $500 million, and potential buyers could include companies that would license the brand for use in consumer goods, new media outfits and trophy buyers, the people said.

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