UPFRONT
Mail-Well Issues Long-term Notes
ENGLEWOOD, CO—Mail-Well Inc. has priced its $320 million in aggregate principal amount of senior subordinated notes due 2013 to qualified institutional buyers. The notes will bear interest at a rate of 77⁄8 percent per year.
EFI Switches Name to Acronym
DUSSELDORF, GERMANY—Digital imaging and print management solutions provider Electronics for Imaging (EFI) is consolidating its products and services portfolio under the EFI brand name. Along with shortening the Electronics for Imaging name to EFI, the company is unveiling a redesign of its logo with the new tagline "Essential to Print." The announcement came as EFI was outlining its plans for the upcoming Drupa. In other business, EFI has reached an accord to acquire ADS Communications, a leading provider of service automation software for the office equipment industry, for $11.5 million in an all-cash transaction that was slated for completion by the end of February.