PLBY Group announced the completion of its sale of TLA Acquisition Corp. and its Lovers retail business. The sale of 100% of the equity of Lovers to LV Holding, LLC, an affiliate of Flynt Management Group, LLC, was completed for cash consideration to PLBY Group of $13.5 million, subject to certain adjustments. The Company previously announced the signing of a definitive agreement for the transaction on October 3, 2023.
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