Must Read Rumors

Kate Middleton new pregnancy rumor isn’t ‘official’ yet

A new tabloid report claims that the royal mother-of-two is expecting.

Pippa Middleton and James Matthews’ wedding: all the details revealed

Kate Middleton’s younger sister married financier James Matthews at St. Mark’s Church in Englefield on Saturday in what has been dubbed “the wedding of the year.”

Pippa Middleton wedding: why Kate isn’t likely to be maid of honor

As the big day is getting near, the question of who will be Pippa’s maid of honor is gathering attention since it seems that Kate Middleton wont fill in that role.

Pippa Middleton wedding dress details revealed

A week from now Duchess Kate’s sister will be walking down the aisle and her gown will undoubtedly turn heads all over the world.

Kate Middleton stuns in blue coat during Luxembourg visit

On her first visit to Luxembourg, Duchess Kate stole everyone’s hearts.

Kate Middleton new pregnancy rumor isn’t ‘official’ yet
Pippa Middleton and James Matthews’ wedding: all the details revealed
Pippa Middleton wedding: why Kate isn’t likely to be maid of honor
Pippa Middleton wedding dress details revealed
Kate Middleton stuns in blue coat during Luxembourg visit

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.

Filled under: ,

What do you think? What is your gossip?

The rules: Keep it clean, stay on the subject and use English only - or we may delete your comment. If you see inappropriate language email us. Read our Terms and Conditions