Playboy Enterprises (PLA) is higher this morning after announcing its board of directors has received a proposal from Hugh M. Hefner to acquire all of the outstanding shares of Class A and Class B common stock of PEI not currently owned by Hefner for $5.50 per share in cash.
Hefner owns...
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News Update: Hugh Hefner Offers to Take Playboy Private for $5.50 Per Share on CelebrityNews.IO
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