Business Management - M&A
Due to the Coronavirous, Xerox Holdings indicated it will not aggressively pursue the HP acquisition at this point in time.
Thysse acquired Middleton, Wis.-based Sign Edge, a specialty graphics firm.
HP’s board argues the offer undervalues HP and would create a company saddled with too much debt and not enough synergies to cut costs.
On March 2, Xerox Holdings launched a $34.9 billion proxy bid to acquire all of the outstanding shares of HP Inc. for $24 per share.
In the latest back-and-forth maneuvers between Xerox and its pursuit of HP, it appears that HP, as the mouse, has roared the loudest.
Hederman Brothers Printing acquired Flowood, Miss.-based Service Printers.
This week, Ro started selling allergy medications through its Roman and Rory brands, and is running ads on digital billboards.
SWM acquired Tekra and Trient, converters of high-performance films and substrates.
Savvy investors and strategic buyers have been snapping up wide-format companies that successfully carved out a defensible niche.
GSP purchased substantially all the assets of Custom Color Corp. in Lenexa, Kansas.