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. FULL ARTICLE @ SF BUSINESS TIMES
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