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We’d be amazed if RMG has enough money, even if PRN were heavily discounted [1] but the rumour we heard last week in Vegas was that RMG are first in line at the moment to buy PRN.

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1 Comment To "RMG To Buy PRN?"

#1 Comment By anon On 17 June 2010 @ 08:05 @378

Maybe not first in line but somewhere in that line. And you’re right they don’t have the money but maybe they can find it. What I hear is that Kleiner wants out, and this is a way to get new investors into a new entity. Who knows – there is so much hearsay in this space. But more than hearsay is the dumb money floating around. Stranger things can happen. CBS did buy SignStorey. RMG is a bunch of disparate junk and PRN is a bunch of disparate junk – why not disparate junk squared?