Cenveo Seeks Court Help in $140 Million Bid for Bankrupt National Envelope
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Cenveo Corp., a specialty printing and envelope maker, is trying to buy competitor National Envelope Corp. out of bankruptcy for $140 million, according to court papers filed today.
Cenveo asked U.S. Bankruptcy Judge Peter Walsh in Wilmington, Delaware, to force NEC to release a copy of an alleged agreement with private equity investors that prevents NEC officials from seeking competing offers. NEC said in court documents that it signed a letter of intent on June 4 to sell itself to the private equity firm Gores Group LLC.
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