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Thursday, February 19, 2009

Playboy confronting naked truth about future

Playboy Enterprises Inc, publisher of one of the world's best known adult magazines, posted a wider fourth-quarter loss, hurt by U.S $157.2 million in restructuring and other one-time costs, as well as weaker-than-expected revenue. The company also said it would be open to discussions about an outright sale of the company.

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