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Mergers & Acquisitions

Jan. 11, 2011

Dealmakers

Playboy Enterprises Inc. announced Monday its plans to go private by accepting a buyout offer from Icon Acquisition Holdings, a partnership controlled by Hugh Hefner.



MERGERS & ACQUISITIONS

California Lawyers Go Private With Playboy


Playboy Enterprises Inc. announced Monday its plans to go private by accepting a buyout offer from Icon Acquisition Holdings, a partnership controlled by Hugh Hefner. The deal is priced at $6.15 per share, valuing the company at $177 million. Skadden, Arps, Slate, Meagher & Flom in Chicago represented Playboy Enterprises. Lawyers from Munger...

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