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Article: Blind pool leads to New Jersey printing company purchase.
- Article from:
- PR Newswire
- Article date:
- August 31, 1987
CopyrightCOPYRIGHT 1987 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BLIND POOL LEADS TO NEW JERSEY PRINTING COMPANY PURCHASE
NEW YORK, Aug. 31 /PRNewswire/ -- A blind pool company that raised $350,000 in its first public offering last April, has since arranged to purchase one of New Jersey's largest -- and most profitably printers through a $13.5 million leveraged buyout with the support of leading financial institutions, Alan Weisberger, vice president and chairman of Equity Finance Group, Inc., announced.
According to Weisberger, Equity Finance was formed in September, 1986 and went public in April 1987. With its initial offering in hand, Equity Finance set its sights on Compton Press, Inc., a profitable, quality ...