PLBY Group, the company that owns Playboy and related brands, announced that its board unanimously rejected an unsolicited $100 million-plus takeover offer from Cooper Hefner, son of Playboy founder Hugh Hefner. Hefner Capital — an investment firm led by Cooper Hefner (pictured above), a former executive of Playboy Enterprises — proposed acquiring Playboy’s brand assets […]
Playboy Rejects $100 Million Buyout Bid Led by Hugh Hefner’s Son
Oct 24, 2024 | 8:52 AM