Playboy Looking For A Buyer?

The New York Post‘s Keith Kelly hears that Playboy Enterprises is looking for a buyer willing to shell out $300 million for the public company.

However, big name buyers like Apollo Capital Partners and Providence Equity Partners haven’t made moves to pick up Playboy Enterprises, most likely because the company’s market capitalization is only around $100 million but they are seeking three times that in order to entice Hef to sell, Kelly said.