Cenveo Fights for National Envelope
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According to Bloomberg.com, court documents filed by NEC state that it signed a letter of intent to be acquired by private equity firm Gores Group and Cenveo’s attorney, Kenneth A. Lefkowitz, has charged that the deal includes a “no-shop” agreement that prohibits discussions with other potential buyers. Cenveo sought U.S. Bankruptcy Judge Peter Walsh's help in “opening up the sale process and stalking horse bidding to other potential investors to maximize recoveries for creditors.”
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