Exclusive - Hollywood executives Sagansky, Sloan in talks to acquire Playboy: sources

(Reuters) - Hollywood executives Jeff Sagansky and Harry Sloan are in advanced talks to acquire magazine publishing company Playboy Enterprises Inc [ICONAP.UL] through an acquisition vehicle that they launched last year, people familiar with the matter said. Double Eagle Acquisition Corp , Sagansky and Sloan's special purpose acquisition company, is negotiating the acquisition of Playboy as part of a portfolio of assets it is seeking to buy from private equity firm Rizvi Traverse Management for between $2 billion and $3 billion, the people said on Wednesday. Rizvi Traverse's portfolio also includes investment stakes in Twitter Inc , SpaceX, Square Inc and Snapchat, as well as RealD Inc, a 3D movie technology company it acquired earlier this year.