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Alex Carter
Alex has written for Vanity Fair, Barrons, Bloomberg and Condé…
Playboy agreed to be taken private by an entity controlled by founder Hugh Hefner in a deal valued at about $207 million.
“With the completion of this transaction, Playboy will come full circle, returning to its roots as a private company,” Mr. Hefner said in a statement, adding, “I believe this agreement will give us the resources and flexibility to return Playboy to its unique position and to further expand our business around the world.”
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![Avatar photo](https://cdn.luxist.org/wp-content/uploads/2016/09/Alex-Carter_avatar_1473260063.jpeg)
Alex Carter
Alex has written for Vanity Fair, Barrons, Bloomberg and Condé Nast Traveler.