Burton Grows Impatient with Streeter

In the letter, Burton speculated that the delay by Streeter, Banta’s chairman, president and CEO, is attributed to her efforts to find another party to pay a higher price. But Banta, he wrote, has had more than two months to find another suitor.

“As you know, the potential list of parties willing to purchase Banta is extremely limited,” Burton wrote. “Cenveo will not be a back-stop bidder to any other persons who may propose to acquire Banta.”