Brief: PLBY Group To Sell Lovers Business

Playboy

05/10/2023 14:12

Oct 5 (Reuters) - Plby Group Inc  PLBY.O :
    * PLBY GROUP TO SELL LOVERS BUSINESS
    * PLBY GROUP INC - PROPOSED DEAL FOR PURCHASE PRICE OF
APPROXIMATELY $13.5 MILLION
    * PLBY GROUP INC - AT CLOSING OF SALE, PLAYBOY ENTERPRISES,
INC.
WILL SELL 100% OF EQUITY OF ITS SUBSIDIARY, TLA ACQUISITION CORP
    * PLBY GROUP INC - PLAYBOY ENTERPRISES, INC., HAS ENTERED
INTO A
DEFINITIVE AGREEMENT TO SELL ITS LOVERS BUSINESS TO LV HOLDING,
LLC

Source text for Eikon:  ID:nGNX7MqWZY 
Further company coverage:  PLBY.O 

 ((Reuters.Briefs@thomsonreuters.com;))