Playboy For Sale, Reports Say

(Los Angeles, Calif.) - Playboy might be up for sale soon, and the company could sell for more than $500 million, according to a report from The Wall Street Journal. The sale was reportedly inspired by bids that came about after the Playboy Mansion went on the market for $200 million with a clause stating that Hugh Hefner would live there for the rest of his life. The March issue of Playboy was the first without explicit nudity. Posted 3/27/16

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