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Filed under: Deals, Rumors, Private equity, Media World

Playboy is such a mess that even the hint that a company is interested in it triggers a reaction. Oak Hill Capital Partners, a private equity firm, announced Wednesday that it has no interest in buying ailing adult media company Playboy (PLA), despite previous media reports indicating the contrary. Of course, this sent Playboy's shares down 3.7%. Oak Hill didn't just say "no way" to the present but made it clear for the future as well.

Filed under: Deals, Media World

It's wabbit season!

There's only good news for Playboy (PLA) when someone expresses an interest in buying it. Shares of the ailing men's lifestyle company shot higher on Thursday when word got out that Iconix is interested in acquiring it. Iconix owns and licenses brands to manufacturers and counts Candie's and London Fog among its holdings. A deal isn't a sure thing, but Playboy now has something it hasn't in a while: hope.

Playboy Enterprises, Inc. (NYSE:PLA) is up 25% today, as rumors are churning about a potential buyout of the struggling company.

According to two people close to the situation, Playboy is in talks to sell itself to Iconix Brand Group Inc.

How much would the company sell for?

Playboy currently has 26.91M cash on hand and 103M in debt, leaving a 75M debt load on the balance sheet.

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Life's short. Get a divorce.

Such is the tagline of attorney Corri Fetman's law firm, Fetman, Garland & Associates. Unfortunately for Fetman, Playboy is trying to prohibit Fetman from using another catchy phrase.

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See Also:

• Playboy: Someone Please Buy Us! (PLA)
• Christie Hefner To Step Down From Playboy, Inspired By Obama's Election To Do Public Service
• Laid Off From Lehman? Pose For Playboy