Announced
Completed
Financials
Tags
Merger
Friendly
Private
Majority
Single Bidder
Publishing
Acquisition
United States
magazine publishing
Domestic
Completed
Reverse Takeover
De-SPAC
Synopsis
Mountain Crest Acquisition, a publicly-traded special purpose acquisition corporation, completed the merger with Playboy, an American privately held global media and lifestyle company, in a $381m deal. "We are taking this step into the public markets because the committed capital will enable us to accelerate our product development and go-to-market strategies and to more rapidly build our direct to consumer capabilities,” Ben Kohn, Playboy CEO.
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