Merrill Corp. Staying Private NEW YORK—It looks like financial printing specialist Merrill Corp. isn’t going public again after all. At least not in the foreseeable future. Merrill withdrew its Initial Public Offering (IPO) registration statement, reported the Associated Press. Citing Merrill’s Securities and Exchange Commission filing, it said the printer’s change of heart was due to “adverse market conditions.” Tapella Named Public Printer WASHINGTON, DC—Robert Tapella has been confirmed as the nation’s 25th Public Printer by President Bush. Tapella will oversee more than 2,200 employees at the U.S. Government Printing Office (GPO). Tapella has been instrumental in the GPO’s transformation into a profitable digital printing operation
By Erik Cagle Senior Editor It is virtually impossible to ignore the impact Robert (Bob) Burton had on the printing industry in 2005. Given his relentless pursuit of two companies this past year, it was almost a given that Burton would enter 2006 at the helm of some printing business. But let's not get ahead of ourselves. In the final analysis, 2005 will be viewed as a year marked by triumph, tragedy and transactions, not to mention some unexpected twists and turns. Which fits us to a T. While the news wasn't always positive, a silver lining—a moral or a lesson could usually
GREENWICH, CT—Robert Burton has never shied away from a business challenge, or an opportunity. In his bid to take over Cenveo, he will get both. Burton informed Printing Impressions magazine on April 7 that he had filed a Schedule 13D with the Securities and Exchange Commission (SEC) to report that his Burton Capital Management (BCM) owned approximately 10 percent (9.6) of Cenveo's outstanding shares. Less than a week later, BCM filed an amended 13D to reflect it had increased ownership to 10.6 percent. Burton also seeks to become the next chairman and CEO of Cenveo, with BCM having the right to choose two board members.
Robert comfortably sat in the easy-chair on his porch looking out at the ocean, held up his drink and gave his usual toast to the simple life. It is a vision ingrained in my mind because I have seen him do it throughout the years whether I visit him at his oceanside house on the Jersey shore or his oceanside house in Florida. The simple life that Robert likes is great, but there's one complex problem—it takes money—and Robert is a millionaire many times over. He got rich the easy way; he inherited it. Unfortunately, for most of us we are not going to