Business Management - M&A
The U.S. Justice Department’s lawsuit to block Quad’s purchase of LSC Communications is using the two companies’ comments against them.
On this episode of the The Week that Was, the Department of Justice filed a suit to block the proposed Quad/LSC deal; former Xerox CEO Jeff Jacobson has joined Siris; Deluxe Corp. has made two new hires; and we explore the advantages of providing a multichannel marketing approach to customers.
The DOJ appears very adamant about its opposition to the proposed merger of the two companies.
Consolidations are the only way that the printing sector can purge its overcapacity. Government lawyers should not stand in their way.
Former Xerox CEO Jeff Jacobson has joined private equity firm Siris and will help it evaluate potential investment opportunities.
On this episode of The Week that Was, there's an update on the Quad-LSC front; Mittera Group purchased select assets of Sprint Denver; Ironmark installed a Komori Lithrone perfector; and we have a firsthand account of Ricoh's INTERACT 2019.
Long term, it wouldn’t be surprising to see Shutterfly and Snapfish merge completely, with one company name and one website.
With this acquisition, customers of Sprint will continue to have local support through Mittera Group’s Denver division.
An unnamed source told CTFN a settlement will be submitted to the DOJ “front office” by the end of June, and finalized by mid-summer.