uninformed prediction: "pg called us to correct their mistake, we got an interview and we're in" by the end of next week, though you might be asked not to talk about it in public. meanwhile, nothing will come of the "acquisition" talks.
But too hard to say if this is realistic, without nothing about the product or founders.
founders on the other hand - from the tech end nothing extraordinary but solid. on the business end, pretty top-notch caliber (i.e. 99 percentile in their respective fields).