Earlier this week, we heard the Onion was in talks to sell to a large media company; now we're told there's some sort of announcement or internal meeting scheduled Monday in relation to the rumored buyout.

A tipster in contact with the company says employees have been told the company will provide them with more information on the purported deal talks on the 20th. As traumatic as an acquisition can be, many on the editorial side would no doubt be relieved to work for a buyer ready to abandon Onion management's recent orders to pander to advertisers in order to stave off further financial losses.

If you know anything else about Monday's meeting, please clue us in.

Send an email to Ryan Tate, the author of this post, at ryan@gawker.com.