Playboy Dressing Up Its Stock: Playboy Enterprises...
From Times Staff and Wire Reports
Playboy Dressing Up Its Stock: Playboy Enterprises will replace the image of a nude woman on its stock certificates with a clothed one in conjunction with a recapitalization plan unveiled last week. The change is expected to save the Chicago-based company about $100,000 annually, which is what it costs to service the accounts of about 14,000 single-share stockholders who bought the issue just to get the racy stock certificate.
