Streeter, Banta Say No to Burton Offer

While there appears to be little overlap between the two companies, one senior printing executive familiar with the situation believes Burton’s interest has little to do with meshing their products and services.

“This doesn’t appear to be a synergy-driven play between Cenveo and Banta as much as it does a view that Banta has a high cost structure in the midst of facing some major business issues,” he said. “With or without Cenveo as the vehicle to pursue Banta, it seems that Banta’s situation is one that would have naturally attracted Bob Burton’s interest.”