Burton Grows Impatient with Streeter
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STAMFORD, CT—With a Halloween deadline looming until his offer to acquire Banta expires, Cenveo Chairman and CEO Bob Burton made it clear to Stephanie Streeter that he was not in the mood to play ‘trick or treat.’
Citing the two weeks that had passed since increasing his offer to $50 per share for Banta, Burton wrote in a letter dated October 19 that “I do not plan to blink and increase our proposal.”
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