Dimac Direct To Close Down. (Direct Intelligence).(Brief Article)

Dimac Direct To Close Down. (Direct Intelligence).(Brief Article)

Direct Marketing

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October 1, 2001 | Copyright

Dimac Direct, the direct mail services and products subsidiary of Dimac Marketing Partners, has commenced a court-supervised closure of its operations, including the liquidation of its assets and distribution of the proceeds to creditors.

After all opportunities to sell the subsidiary had been exhausted, the company began the process of winding down its business in order to stop its operating losses and to maximize its enterprise value. …

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