Must Read Rumors

Kate Middleton and Prince William’s Canada tour: Canada sets etiquette rules for meeting the royals

Canada has issued a guideline for the Duke and Duchess’ visit in the country.

Kate Middleton, Prince William and children arrive in Canada for royal tour

The Duke and Duchess of Cambridge, née Kate Middleton, and their two adorable children, George and Charlotte, landed in Canada this Saturday, September 24.

Kate Middleton and Prince William’s Canada tour itinerary revealed

The Duke and Duchess of Cambridge, née Kate Middleton, and their two children have started their official Canadian tour today.

Kate Middleton voted UK’s most influential fashion icon

The Duchess of Cambridge, née Kate Middleton, is no stranger to fashion, elegance and high class.

Pippa Middleton talks fiancé, new cook food, being labeled a ‘party girl’

In a rare interview, Pippa opened up about her new book, her fiancé and the difficulties of being Duchess Kate’s sister.

Kate Middleton and Prince William’s Canada tour: Canada sets etiquette rules for meeting the royals
Kate Middleton, Prince William and children arrive in Canada for royal tour
Kate Middleton and Prince William’s Canada tour itinerary revealed
Kate Middleton voted UK’s most influential fashion icon
Pippa Middleton talks fiancé, new cook food, being labeled a ‘party girl’

Hugh Hefner wants to buy all Playboy’s shares and to take the company delisted

by Julia
July 12, 2010 at 12:36 pm

American entrepreneur Hugh Hefner wants to buy all the remaining market shares and to delist Playboy Enterprises, through a transaction which evaluates the company to about 185 million dollars.

Hefner offered a price of $5.5 per share, with almost 40% more than the quotation of $3.94 from Friday’s closing stock meeting, announced Monday, Playboy Enterprises.

He already holds 69.5% of Class A shares and 27.7% of Class B shares. Their classification is based on voting rights. In most cases, Class A title gives the holder more voting rights than Class B.

The funding will be provided by the company Rizvi Traverse Management, Hefner’s partner in this transaction. Hefner is not interested in selling or merging the company, Playboy Enterprises announced.

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