Is Playboy about to start making acquisitions?

Playboy Enterprises is hiring Paul H. Lee as the new managing director of new digital ventures.  The company says that Lee will be responsible for launching, acquiring, partnering with, and investing in new digital business opportunities.

There has been plenty of speculation about Playboy Enterprises being sold over the last year. Is this a sign that Playboy may now be thinking about acquiring?

Lee joins PEI from the Peacock Equity Fund, a joint venture between NBC Universal and GE Capital, where he currently serves as senior vice president. He will assume his new duties on May 17, 2010.

Location: USA, Chicago, IL
Sectors: Publishing
Ref: F231109-415

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