Playboy Would Consider Sale

NEW YORK More change could be in the air for Playboy Enterprises, which conceded that it was more open to an outright sale of the company or a strategic change in direction for its flagship magazine in the face of challenging financial conditions.

The company made the remarks during a conference call Wednesday to discuss its financial results for Q4 and full-year 2008. Earlier this month, Christie Hefner retired as Playboy’s longtime chairman/CEO, fueling speculation that the company would explore a sale, merger or go private.

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