Cygnus Co-CEOs in Penthouse Meeting
Discuss potential sale with leading media bankers in New York.
SEE RELATED: Cygnus Exploring a Sale
I met with Cygnusâ€™ co-CEOs, Tony Oâ€™Brien and Carr Davis [right], today at the Kitano hotel in New York. They confirmed the company is exploring a possible sale. (Click here for the full report.)
Shortly after the interview, two of the industryâ€™s leading M&A brokers, Reed Phillips and Roland DeSilva, walked into the lobby and were whisked by Davis to a closed-door meeting in a penthouse conference room.
This story, as they say, is developing ... perhaps sooner than later.
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