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Playboy takes on advisers as it consider's Hefner's offer to go private
Playboy yesterday revealed that it has taken on legal and financial advisers as the magazine publisher considers founder Hugh Hefner's offer to take the company private.
• Mr Hefner Picture: Getty
Hefner tabled his takeover offer - which valued Playboy at $185 million (121m) - in July, sparking a bidding war involving competitor Penthouse magazine
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Saturday 26 May 2012
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