Bankers explore sale of Playboy empire
Bankers explore sale of Playboy empire
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Playboy has hired bankers to explore a sale of the adult entertainment group, which includes its magazine, a licensing business and Hugh Hefnerâs mansion, people familiar with the matter said.
The company founded in 1953 by Mr Hefner, the eccentric 89-year-old media entrepreneur, has picked Moelis & Company to run the potential sale process, those people said.
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