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Hugh Hefner buys back his beloved Playboy empire
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Hugh Hefner buys back his beloved Playboy empire
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Playboy founder Hugh Hefner has regained control of his business empire in a massive multi million pound deal with shareholders.
The publishing mogul, who set up the company more than 50 years ago and has been involved in negotiations for months to regain the majority stake in the firm.
The 84-year-old has now reportedly offered $207 million to take increased shares in Playboy, according to TMZ.com.
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