Burton Committed to Banta Acquisition
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Addressing some concerns cited in Streeter’s August 18 letter, Burton noted that financial commitments have been made by Lehman Brothers and Wachovia to provide necessary financing to acquire Banta’s outstanding shares in an all-cash transaction. He also assured Streeter that the due diligence required would only be “confirmatory,” and that he has confidence in the accuracy of Banta’s public filings.
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