Hollywood executives Jeff Sagansky and Harry Sloan are in talks to purchase Playboy Enterprises Inc., according to Reuters.
Citing people familiar with the situation, Reuters reported the talks are in advanced stages, with Sagansky and Sloan’s special purpose acquisition company Double Eagle Acquisition Corp willing to shell out between $2 billion and $3 billion to take over the brand that has licensing agreements for consumer products that feature its brand in more than 180 countries.
Double Eagle and Playboy both declined comment to Reuters, which hedged the story by saying, “Sources cautioned that deal negotiations could still fall through.”