August 1, 2005
Flint Ink, XSYS Print Merge ANN ARBOR, MI—Flint Ink and XSYS Print Solutions of Stuttgart, Germany, have agreed to merge. The combination creates a global ink supplier with revenues of roughly $2.6 billion and with about 8,000 employees. Pending regulatory approval, the deal is slated to be finalized around September 30. XSYS was created by the 2004 merger of BASF Printing Systems and ANI Printing Inks. Finnish Paper Lockout Ends HELSINKI, FINLAND—Finland's major paper manufacturers and unions representing more than one million forest industry workers finally reached a labor agreement after being urged to return to the negotiating table by Finland Prime Minister Matti Vanhanen. The
