Playboy set to emerge anew as public company
Playboy set to emerge anew as public company

New York (AFP) – Playboy will become a public company again under a deal announced Thursday with the group famous for the iconic nudes in its long-running lifestyle magazine.The deal will make Playboy Enterprises a publicly traded firm nine years after going private and a long period of turmoil for the group which from its founding in the 1950s broke taboos on sexual content.The plan calls for investors in a special purpose acquisition corporation to buy Playboy, which will be listed on the Nasdaq as PLBY, in a deal valued at $381 million — including $142 million in debt.The deal led by the s…

Read More

HEDGE accordingly