Company Also Rises to Secure Second Place in New Ultimate Patent Ownership Analysis
Company Also Rises to Secure Second Place in New Ultimate Patent Ownership Analysis
No Action Needs to Be Taken by Gannett Shareholders At This Time
Proposal Represents Substantial 41% Cash Premium to Gannett’s 2018 Year-End Closing Price
Requests that Gannett Immediately Enter into Discussions with MNG about a Strategic Combination
Calls for Gannett to Commence Review of Strategic Alternatives to Maximize Value for all Gannett Stockholders
Calls for Gannett to Commit to Moratorium on Digital Investments
MNG’s 7.5% Ownership Stake in Gannett Makes It Gannett’s Largest Active Stockholder
Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced that, on December 31, 2018, it completed the previously disclosed sale of the Catawba, South Carolina, paper and pulp mill to New-Indy Containerboard, LLC ("New-Indy"), pursuant to the terms of the asset purchase agreement dated October 2, 2018. The total purchase price of about $300 million consists of $260 million in cash, before customary closing adjustments, and the assumption of approximately $40 million of balance sheet liabilities, largely net pension benefit obligations.
AR Packaging Group AB has acquired all outstanding shares in Istragrafika, d.d., a producer of high quality folding carton products for the tobacco, food and consumer goods segments. Istragrafika, headquartered in Kanfanar, Croatia, has a workforce of approx. 160 employees.
Durst, a manufacturer of advanced digital printing and production technologies, has entered into a 50/50 joint venture with printing press manufacturer Koenig & Bauer for the joint development and marketing of single-pass digital printing systems for folding carton and cartonboard corrugated industry.
Significantly Enhances Margins and Free Cash Flow
Strengthening its Leadership in Industrial Packaging
Companies Look to Create a Digital Marketplace for the Global Construction Industry
Companies Aim to Accelerate Construction Productivity
Autodesk, Inc. (NASDAQ: ADSK) has completed the acquisition of PlanGrid, a leading provider of construction productivity software, for $875 million net of cash. Autodesk funded the transaction using a combination of cash on hand and a short-term loan.
Canon U.S.A., Inc., a leader in digital imaging solutions, achieves its 10th consecutive BenchmarkPortal Center of Excellence Certification. One of the most prestigious accreditations in the customer service and support industry, this certification honors customer service call centers that rank in the top ten percent of call centers surveyed.
Stora Enso has divested 100% of the shares of its Swedish subsidiary June Emballage AB to its current management team. June Emballage is a manufacturer specialized in small-batch custom-made transport packaging in corrugated board.
Printing solutions provider manroland Goss web systems Group (MGWS) and GWS Printing Systems (GWS) of the Netherlands announce the signing of a Share Purchase Agreement covering MGWS’s acquisition of the Dutch specialist in used web offset equipment.
Netherlands-based industrial firm purchases Formica businesses in North America, Europe, and Asia