Edition:
India

Ennis To Merge Wright Business Graphics With Wholly Owned Entity Of Ennis


Tuesday, 17 Jul 2018 

July 17 (Reuters) - Ennis Inc ::PRESS RELEASE - ENNIS EXECUTES AGREEMENT TO MERGE WRIGHT BUSINESS GRAPHICS, INC. OF PORTLAND, OREGON INTO A WHOLLY OWNED ENTITY OF ENNIS.ENNIS EXECUTES AGREEMENT TO MERGE WRIGHT BUSINESS GRAPHICS, INC. OF PORTLAND, OREGON INTO A WHOLLY OWNED ENTITY OF ENNIS.ENNIS INC - COMPANY BELIEVES TRANSACTION WILL BE ACCRETIVE TO ITS SHAREHOLDERS.ENNIS INC - PURCHASE PRICE WILL BE PAID 55% IN CASH AND 45% IN STOCK.ENNIS INC - ALL OF FACILITIES WILL CONTINUE THEIR NORMAL OPERATIONS IN THEIR CURRENT LOCATIONS.ENNIS INC - DAN ADKISON WILL CONTINUE IN HIS CURRENT ROLE AS PRESIDENT/COO OF WRIGHT BUSINESS GRAPHICS.ENNIS INC - OPERATIONS WILL CONTINUE TO OPERATE AS WRIGHT BUSINESS GRAPHICS & RELATED BRAND NAMES. 

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20.11
0.44 +2.24%
16 Aug 2019