Larry Flynt Talks Playboy and Hef?s Plan to Take It Private
 

Posted Jul 12th, 2010 07:55 PM by Tom Hymes

BEVERLY HILLS?In response to a request for comment, Larry Flynt, the legendary founder of Hustler magazine and the head of Larry Flynt Publications, weighed in Monday afternoon on the announcement by Hugh Hefner that he wants to buy back all outstanding Playboy shares and take the company private. The bottom line, Flynt told AVN, is that such a deal is highly unlikely given the current state of Playboy.

In a call to the AVN offices, Flynt first dispelled any notion that Hustler itself would be in the running for Playboy, were he interested in purchasing it.

rest of story:

http://business.avn.com/articles/Lar...te-403109.html

Nice article... Was nice of Flynt to give his opinion on the situation, think Hefner will listen to the advice?

Good read.

"Hefner’s destiny is in his own hands, he said, whether the company is public or private, and added that he will be hard-pressed to find anyone who will lend him the funds he requires."

I'll have to agree with that.

Correct on both accounts.

1. The company will only survive if it returns private.
2. No one will loan him, or the company, the money to do so.

:2 cents:

Interesting observations:2 cents: