Playboy Explores Sale; Could Fetch Half-a-Billion Dollars

MarketWatch: Playboy Enterprises is exploring a sale, a move that comes soon after the storied magazine publisher ditched nude photos and launched a revamp for the digital age. Investment bank Moelis & Co. is advising Playboy. The company could fetch north of $500 million, and potential buyers could include companies that would license the brand for use in consumer goods, new-media outfits or trophy buyers.