Hugh Hefner Playboy bid

M&A Mania: Early 2011 Deals Already Hit a 10-Year High

Companies such as Duke Energy and DuPont are off and running with megamergers early this year. Even Playboy is among the dealers. And market pros say the trend is far from over. Why are so many U.S. companies tying the knot? Fast growth is hard to come by in any other strategy.

Playboy Posts a Loss, Still Mulling Hefner's Bid

Playboy Enterprises Group, which founder and major shareholder Hugh Hefner wants to take private, today reported that its second-quarter loss eased compared to the year-ago period as gains in its licensing business offset declines in publishing.