TIL In 2011, 84 year old Playboy founder Hugh Hefner made $6.15-per-share offer to take his company private. Shortly after Hefner’s previous $5.50-per-share offer, the owner of rival Penthouse magazine made a $210 million counteroffer for Playboy but Hefner refused

Read more: https://www.thewrap.com/breaking-playboy-goes-private-23768/

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