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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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