Initially I heard this via shoemoney’s (shoemoney.com) webmaster radio show from SES (Search Engine Strategies) San Jose. But basically the largest website in the Press Release and news game (PRweb.com) was purchased or as they put “acquired” by NASDAQ listed Vocus (Vocus.com) run by CEO Rick Rudman. The actual transaction that took place was for $28 million dollars consisting of $20.8 million in cash and 494,543 shares of Vocus common stock. Get excited about that. It will be interesting to see where the direction of PRweb will go with this change of hands since PRweb was a privately held company and is now being ushered into the corporate spotlight.
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