January 13, 2011
Months after his first bid to privatize the portion of Playboy Enterprises Inc. (PLA) that he doesn’t already own, and ostensibly in response to Penthouse’s parent’s higher offer, Hef upped his offer for the remaining PLA shares. Although his offer is less than what Penthouse was offering, the Playboy Board accepted Hef’s offer. Playboy’s announcement […]
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January 9, 2011
Via Michael J. De La Merced of the New York Times Dealbook: “Duke Energy is near an all-stock deal to acquire a rival, Progress Energy, that values the smaller energy company at more than $13 billion, a person briefed on the matter told DealBook on Saturday.” See the story here.
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