Golden Gate Capital Says It Won’t Buy Playboy

Playboy Eyes

There goes one possible bidder for Playboy (NYSE: PLA). Golden Gate Capital, which was reportedly readying a joint-bid for the company along with former Playboy entertainment president James Griffiths, just put out a release saying in no uncertain terms that it’s not interested. Here’s the complete statement: “In response to press inquiries, Golden Gate Capital announced that it is not and will not be involved in any way with any potential acquisition of Playboy Enterprises, Inc.” No denial yet from London Fog-owner Iconix Brand Group, which is also reportedly circling the company. Speculation about an imminent sale increased today, after Playboy CFO Linda Havard quit.

Comments have been disabled for this post