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 Post subject: Sun Sets On PlanetOut
PostPosted: Tue Jan 13, 2009 8:57 am 
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Joined: Wed Jun 07, 2006 1:54 pm
Posts: 193
Location: New York
SF BUSINESS TIMES -- Jan 9 -- Gay and lesbian media company PlanetOut Inc will merge with Here Networks and Regent Entertainment Media, two related businesses that have bought parts of PlanetOut in the past few years. Here Media and Regent will pay $4.7m in cash into the new company as part of the deal. They'll own, through special preferred shares, 80% of the business after the merger.

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