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Article: PrimeSource Corporation Announces Negotiations to be Acquired by Fuji Photo Film U.S.A., Inc.
- Article from:
- Business Wire
- Article date:
- August 31, 2001
CopyrightCOPYRIGHT 2001 Business Wire. 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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Business Editors/Hi-Tech Writers
PENNSAUKEN, N.J.--(BUSINESS WIRE)--Aug. 31, 2001
PrimeSource Corporation (NASDAQNM:PSRC), the leading distributor and digital workflow integrator to the printing and publishing industry, today announced that it is engaged in negotiations to be acquired by Fuji Photo Film U.S.A., Inc. in a transaction which would pay to each holder of PrimeSource common stock a price of $10.00 per share, net in cash.
The transaction was approved by Fuji's ultimate parent corporation in Tokyo, Japan, on August 31, 2001, and will be presented to PrimeSource's Board of Directors for approval on or before September 4, 2001.
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