Hef, Say It Ain’t So! Playboy Stock Going Away Forever!

By Rick Roman - 10 Jan 2011 1004 0 comment

News Flash! It’s official, Hef is taking Playboy private.

On January 10, 2011, Playboy announced that they have accepted Hugh Hefner’s offer to buy the company and take it private. The deal is expected to close sometime in the first quarter.

Maybe Hef’s recent engagement has something to do with it. Many say that his new found monogamous relationship opens up the possibility for a new reality TV show. Something based on his upcoming wedding – all the planning, the celebs, the emotions, all the way through to the ceremony – definitely some must see TV. Maybe Hef sees this as having big potential so wants it all for himself. Ok, probably a stretch given that he already owned 70% of the company.

We at GiveAashare.com hate to see Playboy stock go. It’s been a customer favorite especially for Valentine’s Day, anniversaries, and for groomsmen gifts. I hate to say it but the only thing that can keep this from happening is for Hef to drop dead before it is consummated (pun intended).

Last chance to buy Playboy stock before it goes private.

UPDATE:

Playboy did go private in 2011 and Hugh Hefner passed on September 27, 2017 making the Playboy stock certificates with his printed signature a valuable collectible. Buy an authentic Playboy stock certificate with Hef's signature while supplies last.

Tags:hugh hefner playboy stock certificate

Rick Roman

Rick has a B.S. in Finance from Arizona State University, 50 years of stock market experience, a long career in high-tech corporate finance, co-founder of GiveAshare.com, and author of the award-winning book, I'm A Shareholder available on Amazon and GiveAshare.com. Rick has been quoted as a stock gift and kids financial literacy expert in many publications including CNN Money, USA Today, CBS MarketWatch and has participated in financial literacy organizations like the Council for Economic Education and the JumpStart Coalition.