The Chicago Tribune (July 12)
2010/ 07/ 14 by jd in Global News
Nearly 60 years ago, Hugh Hefner got his start in Chicago. The Tribune wishes “Hef” good luck in taking “what once was known as the Playboy empire” private. Hefner is offering $5.50 a share, a generous 40% premium given Playboy lost $51 million last year. The price, however, pales compared to its all time high of $32 in 1999.
Tags: Hugh Hefner, Playboy, Premium, Take private
