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Two of the nation’s largest digital out-of-home companies are on the block. Cinema rep firm Screenvision and Premier Retail Networks, which operates in-store digital networks, were put up for sale last week by their owner Thomson.
Faced with mounting debt and the likelihood it would breach covenants, the Paris-based company said it would look to divest businesses that don’t fit with its core media technology businesses, singling out both PRN and its 50 percent stake in Screenvision.
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