YEAR IN REVIEW - Is M&A Now DOA?
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The consolidation front was, in fact, comparatively quiet in 2000, and it shared the news pages with bigger developments. Commercial printing stocks didn’t fare so well in 2000, which explains the lack of consolidation to a degree. A number of public companies bought back large chunks of their stock in the face of falling prices. But, for some, it was more than a little heartburn from integration indigestion. One major consolidator, Master Graphics, was delisted from the Nasdaq exchange, then later filed for Chapter 11 reorganizational bankruptcy.
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