Playboy rejects $100 million offer from Hugh Hefner’s youngest son: ‘Not in best interest’
The group that owns the defunct Playboy brand on Thursday rejected a $100 million buyout offer from Cooper Hefner, son of the magazine’s late founder. “After careful consideration and consideration of Hefner’s unsolicited proposal, our Board determined that the proposal significantly undervalues Playboy’s assets and is not in the best interests of PLBY Group shareholders,”…