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Originally Posted by pornguy
Has nothing to do with Heffs age. His daughter has run the company for some time.
Its not making the money they want.
Wonder if he will sell the online portion as well.
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Daughter has been out for some time, as she ran it into the ground.
Hef is the majority share holder 70% or about that.
It is losing money per share and is in danger of being de listed on the NYSE online portion is a sub part of the company and as such would be a negotiated part of any business sale.