Banta Board Rejects Cenveo’s Unsolicited Acquisition Proposal
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Banta also announced today that the Board has authorized management, in consultation with its financial advisor, UBS Investment Bank, to explore all potential strategies for further maximizing shareholder value, including, but not limited to, remaining independent, joint ventures, mergers, acquisitions, further return of capital, or the sale of the Company. Banta advised that there can be no assurances that the evaluation will result in a transaction of any kind. The Company also advised that it does not intend to disclose developments regarding its evaluation unless, and until, a final decision is made.
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