Newspaper article from our research archive:
|
|
U.S. Office Products changes focus again.(Business)
- Article from:
-
The Washington Times
- Article date:
-
November 6, 1997
- Author:
-
|
Copyright informationCOPYRIGHT 1997 News World Communications, Inc. 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)
|
U.S. Office Products Co., with an appetite for small companies undiminished by a three-year buying binge that has turned it into a $4 billion retail colossus, is putting itself on an exercise program.
In a move intended to shift the focus from acquisitions to the day-to-day running of the company, founder Jonathan Ledekcy will turn over control to Tom Morgan, the chief operating officer, it was announced yesterday.
"It's becoming more and more obvious that the acquisitions are becoming less and less of the total numbers we report," Mr. Ledecky said. "Clearly, we're moving from an acquisitions company and more to an operating company."
Mr. Ledecky will remain ...
Related newspaper, magazine, and journal articles:
|
U.S. Office Products Changes Business Focus Again.(Originated from The...
Knight Ridder/Tribune Business News;
November 6, 1997 ;
582 words
......prowess, Mr. Morgan is known for...executive of U.S. Office Products, he will concentrate...the future, Mr. Morgan said yesterday. The office products industry is growing...companies into U.S. Office Products, but Mr. Morgan's operating experience...
|
|
Ledecky's U.S. Office Products to Split in 5; Stock Value Was Depressed by...
The Washington Post;
January 14, 1998 ;
700+ words
......has been the driving force behind U.S. Office Products, will hold no executive position or board...will have large stock holdings in U.S. Office Products and its four spun-off companies and will...drill down on that opportunity." The U.S. Office Products spinoff and stock buyback ...
|
|
|
U.S. Office Products Buys Seven More Firms
The Washington Post;
October 26, 1995 ;
251 words
...U.S. Office Products Co. announced yesterday that it...75 million. The District-based office products company plans to pay for the acquisitions...going public last February, U.S. Office Products has acquired 18 firms, bringing...
|
|
|
51. U.S. OFFICE PRODUCTS CO.
The Washington Post;
April 17, 1995 ;
241 words
...51. U.S. OFFICE PRODUCTS CO. 401 Hampton Park Blvd. Capitol Heights, Md...Timothy Flynn EMPLOYEES: 774 DESCRIPTION: U.S. Office Products sells a variety of office products -- primarily supplies, but also furniture, coffee...
|
|
|
U.S. Office Products To Buy New Zealand Firm
The Washington Post;
July 24, 1996 ;
585 words
...U.S. Office Products Co., the District-based holding...it will acquire a New Zealand office products company for $220 million in cash...450 million, is notable for U.S. Office Products because it is one of only two...
|
|
|
U.S. Office Products Acquires 9 Companies
The Washington Post;
April 30, 1997 ;
486 words
...U.S. Office Products Co. of Washington, which has been on a two-year acquisitions...services. The deal brings to 165 the number of regional office products suppliers that U.S. Office Products has acquired since its initial public offering in...
|
|
BT OFFICE PRODUCTS INTERNATIONAL, INC. COMPLETES ACQUISITION OF 10...
PR Newswire;
February 29, 1996 ;
388 words
...CHICAGO, Feb. 29 /PRNewswire/ -- BT Office Products International, Inc. (NYSE: BTF...acquisition of all 10 of the leading office products companies it announced last December. The new BT Office Products' units should add aggregate annual...
|
|
U.S. Office Products buys nine companies.(Business)
The Washington Times;
April 30, 1997 ;
501 words
...U.S. Office Products Co. moved forward with its plan...500 million each quarter to U.S. Office Products total revenue. Mr. Ledecky said...sales, or about 4 percent of the office products market, by the year 2000. But...
|
|
|
Billion-Dollar Baby; Just 1 Year Old, Jon Ledecky's U.S. Office Products...
The Washington Post;
April 8, 1996 ;
700+ words
......Washington-based company called U.S. Office Products Co. issued a press release describing itself as a publicly held office products supplier and announcing it had just acquired another office products company for $17.5 million. The collective...
|
See all results.
Or, try our
Advanced Search.
|