Hugh Hefner may be planning for his big wedding day to Crystal Harris, but the man in pajamas is still focused on business. Hef hopes to save his Playboy empire by buying it back.

Read Holly Madison Confronted Hef About Engagement

Newser reports, "Hef’s Icon Acquisition Holdings LP will take Playboy Enterprises private." “I believe this agreement will give us the resources and flexibility to return Playboy to its unique position and to further expand our business around the world,” Hef said. Sometimes we forget that Playboy is not all about naked ladies and body paint - it's a business too! (Newser)

Libby Keatinge is a senior editor at BettyConfidential.

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