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Article: DIMAC to Explore Sale of AmeriComm Holdings' Non-Core Business Units.
- Article from:
- PR Newswire
- Article date:
- July 14, 2000
CopyrightCOPYRIGHT 2000 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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- Sale Proceeds to Be Used to Reduce Debt, Strengthen Balance Sheet
And Invest in Ongoing Business Operations -
WILMINGTON, Del., July 14 /PRNewswire/ --
DIMAC Corporation today announced that, as part of its ongoing activities to substantially improve profitability, execute on its growth plan, and eliminate excess debt on its balance sheet, its AmeriComm Holdings unit has decided to explore the sale of several non-core business units.
The business units that will be placed for sale are: AmeriComm Direct Marketing; Convertagraphics; Double Envelope, Diversified Assembly; Label Art; and Transkrit. These business units are operating ...