Sunny Days Returning for Printer?

Enter Synergy Graphics of Fridley, MN, which posted the winning bid of $7.8 million at auction on February 1. At press time, the company was slated to reopen when the deal closes February 10. A lion’s share of the workers are expected to be rehired.

According to the Associated Press, GE Capital and CIT Group/Equipment Financing filed separate suits against Sunny last summer. GE Capital will receive $1.06 million and CIT will get $3.7 million from proceeds of the sale.