24-03-2016 21:33 via news.yahoo.com

Playboy magazine publisher exploring sale - source

Playboy Enterprises [ICONAP.UL], the owner of Playboy magazine, is exploring a sale, a source familiar with the matter told Reuters, in a move that comes after the storied magazine stopped publishing nude photos of women and put up the iconic Playboy Mansion up for sale. The Wall Street Journal, which first reported the news, said the company could be valued at more than $500 million. Hugh Hefner, who founded Playboy in 1953, took the company private in 2011, along with private equity firm Rizvi
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