Thursday, December 7, 2006

Playboy could be takeover target for PE firm or publisher - report

Playboy, the listed Chicago media company, could be a takeover target for a PE firm or publisher, reported the Wall Street Journal. The unsourced report in the Wall Street Journal, reported that Playboy could be a target for a PE firm or publisher given the company has been improving and has a cheap stock price.
Playboy has a market capitalization of USD 383.5m.

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