Though a shareholder has taken a large stake in 24/7 Real Media Inc. (RMI), the company’s chief financial officer said it has no M&A plans-at least not right now. Sunra Capital Holding Ltd. snagged a 15.2% stake in RMI, headquartered in New York. In a July 2 13D filing, Joseph Waechter, a managing director with the investment firm, said it might look to “acquire additional shares” in RMI. San Francisco-based Merchant’s Group International worked as Sunra’s advisor.
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