• Porn Play: Penthouse Puts Out For Playboy

      I do love a good corporate takeover attempt. This one's particular enjoyable to watch. This week, Playboy founder Hugh Hefner announced earlier this week he's done with his baby being a publicly-traded punching bag. He made an offer of $5.50 a share for the stock of Playboy he doesn't already own.

      Not but a flick of a rabbit's ear later, Friendfinder, the parent of Playboy rival Penthouse, announded it's ready to pay way more: 25 million dollars more.

      The counteroffer came Thursday so we got Friendfinder's CEO into our Fox Business studios to find out how he plans to pay for it, when he only has $30 million in cash on the balance sheet.

      Please listen to my interview with him. I can't wait to see how this one turns out. My bet is is that the Department of Justice will diligently spend a lot of time on this one to make SURE there are no anti-competitive 'issues.' They do, after all, have a job to do.

      --Liz

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  • WATCH: Interviews with Dennis Kozlowski