Playboy Rejects Cooper Hefner’s $100M Offer to Buy Company

Playboy has no interest in selling to Hugh Hefner’s son–at least, not for his offering price. Playboy Group said Thursday that its board unanimously rejected Cooper Hefner’s “unsolicited” $100 million offer to buy the company, adding that the offer “substantially undervalues” the assets. (TheWrap) CEO Ben Kohn said the board “will continue to evaluate all…