Production Resource Group, L.L.C. (PRG) and VLPS Lighting Services International, Inc. (VLPS) jointly announced on June 11th that they would be joining forces via a merger. The result will be a newly formed subsidiary of PRG that would merge with and into VLPS, with VLPS becoming a wholly owned subsidiary of PRG. The new PRG would operate as PRG Lighting, PRG Audio, and PRG Scenic Technologies. Although the merger came as shocking news to many in the industry, it had been rumored and ...
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