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Playboy - FOR SALE?

Posted on 20 February 2009 by bouncer

Looks like there has been a lot of talk the last few days about the future of Hugh Hefner’s Playboy Enterprises Inc. After reporting a 4th quarter loss of $145.7 million, Jerry Kern ( Interim Chief Executive ) told investors that they would be open to offers of a buyout.  But a Playboy rep has also stated that “this is no change in policy. We’ve always been open to discussion.” and that  “The magazine is not for sale,” as reported by the NYT

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