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Article: Fuji Photo Film U.S.A. to Acquire PrimeSource.
- Article from:
- Business Wire
- Article date:
- September 4, 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
ELMSFORD, N.Y.--(BUSINESS WIRE)--Sept. 4, 2001
Fuji Photo Film U.S.A., Inc. and PrimeSource Corporation (NASDAQ:NM:PSRC) today announced a definitive merger agreement providing for Fuji's acquisition of PrimeSource.
Under the merger agreement, which was unanimously approved by PrimeSource's Board of Directors at a meeting earlier today, Fuji U.S.A., through a new subsidiary, will commence a tender offer to purchase all outstanding shares of PrimeSource Common Stock for $10.00 per share, net to the Seller in cash.
The total acquisition price is approximately $118.4 million, including transaction costs and PrimeSource's ...