|
|
Article: Private investors to acquire Outlook Group; Neenah company expects to continue operating as it has
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- March 21, 2006
- Author:
CopyrightCopyright 2006 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
|
Outlook Group Corp., a printing, packaging and direct-marketing
company in Neenah, said Monday that it has agreed to be acquired by a
group of private investors for $13.50 a share in cash, or about $46
million, based on about 3.4 million shares outstanding.
The company, which has 540 employees and generated $75.6 million
in sales last year, plans to remain on the course it has set but
without the constraints of public ownership, said Joseph J. Baksha,
Outlook Group's president and chief executive officer.
"There are no guarantees," Baksha said, but his understanding is
that Outlook Group's new owner, Vista Group Holdings LLC, intends to
let the company continue operating as it has, with the ...