http://www.usatoday.com/money/media/2010-07-12-playboy--private_N.htm?csp=hf
Hugh Hefner is offering to buy the publicly traded shares of Playboy that he doesn’t already own and take the company private. Hefner is then willing to show the company’s private parts and airbrush the rest.
The Board of Directors knew Hefner’s offer would be enticing when it was delivered in a plain, brown wrapper.
At first they thought the monetary offer for the shares was too small, but then they saw that another whole page folded out.
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