Mail-Well--The "Mail Man" Speaks
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PI: With industry overcapacity still a nagging problem, does Mail-Well management see a point in the future where many of the companies being acquired by consolidators will be closed or merged into existing operations, rather than preserved as separate companies?
Mahoney: The most important strategy for Mail-Well in making acquisitions has been, and will always be, to keep the former management in place. In a couple of cases, where the former manager or managers did not stay and continue to run the company, we have run into problems.
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