A tie-up with Mountain Crest would result in Playboy’s return to the stock market, nine years after it went private in a $207 million deal led by its late founder Hugh Hefner and private equity firm Rizvi Traverse Management.
Mountain Crest is in discussions with investors who would contribute around $100 million to the deal in the form of a private investment in public equity, or PIPE, transaction, the sources said. Reuters reported last week that Playboy was exploring going public through a SPAC merger. The New York Post reported the exclusive talks with Mountain Crest on Tuesday.
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Congratulations Playboy I wish You the best of Luck WallStreet reuters
Same drawbacks they will face as last time on the stocks....Bunnies grow old...and stocks fall...
Happy time! Bought a share of stock when Hugh went public with Playboy and there was a Playboy Bunny on the front of the share. Is this a great country or what! thank you Hugh Hefner
Well that's just the world needs right now
Why, did the internet break?
Why? Playboy is totally irrelevant...
Absolutely irrelevant, just go away
Unless they start a porn site or a bunch of only fans pages, I don’t see this being profitable
Read the room Playboy.
Why? There are free websites with the same content?
Kulağı çınlasın Hustler o marketi satın alırdı 😄
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