Cenveo Bows Out of Bid for National Envelope

STAMFORD, CT—Cenveo Inc. withdrew from the bidding process for National Envelope (NEC), which was sold at auction Tuesday to Gores Group for $208 million, according to Crain's New York Business. Sun Capital Partners of Boca Raton, FL, was among the other bidders.

Robert Burton, chairman and CEO of Cenveo, ultimately felt the parameters of the deal were not in the best interest of his company.