Thursday, March 24, 2016

 Playboy Enterprises hires banker for possible sale
 , USA TODAY 7:17 p.m. EDT March 24, 2016

SAN FRANCISCO — Playboy, the magazine and business enterprise long synonymous with founder Hugh Hefner, may soon begin a new chapter under new management.
Chicago-based Playboy Enterprises has retained boutique investment bank Moelis & Co. to advise it on a potential sale that could fetch more than $500 million for the magazine and its bunny-branded licensing assets, according to a person close to the situation who did not want to be named because they were not authorized to speak publicly about the matter.

Playboy Enterprises Explores Sale


Magazine publisher could fetch more than $500 million

Playboy Enterprises Inc. is exploring a sale, according to people familiar with the situation, a move that comes soon after

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