SEE RELATED: Cygnus Exploring a Sale

I met with Cygnus’ co-CEOs, Tony O’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 industry’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.