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Parent Company of Penthouse Bids for Playboy (PLA)
Thursday, July 15, 2010 - 2:08pm | 137Shares of Playboy Enterprises (NYSE: PLC) are higher on the session by 1.27%, currently trading at $5.58. This comes after news that FriendFinder Networks Inc., the parent company of Penthouse, is making a $210 million bid for the company. FFN said that it believes its offer is in the best...