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Home Entertainment

Playboy Rejects $100 Million Buyout Bid Led by Hugh Hefner’s Son

by DigestWire member
October 24, 2024
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Playboy Rejects $100 Million Buyout Bid Led by Hugh Hefner’s Son
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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 […]

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