Pitney Bowes Acquiring Print Inc.
July 2006
|
STAMFORD, CT—Pitney Bowes has signed a definitive agreement to acquire 100 percent of the stock of Print Inc. for approximately $47 million, net of cash and debt. Print Inc. provides bundled offerings of printer supplies, service and equipment to manage document production.
The Print Inc. operations will be integrated into a wholly owned subsidiary of the company, and operate as part of its Pitney Bowes Direct Group.
The transaction is expected to be completed during the third quarter of 2006.
The Print Inc. operations will be integrated into a wholly owned subsidiary of the company, and operate as part of its Pitney Bowes Direct Group.
The transaction is expected to be completed during the third quarter of 2006.
Companies Mentioned:
 |
|
