TRANSCONTINENTAL ACQUIRES CC3
By Adnews Staff
Montreal-based commercial printer Transcontinental has purchased CC3 of Ivyland, PA. CC3 is a direct marketing company with eight facilities in Pennsylvania, California and Texas. Transcontinental acquired the company from Providence Equity Partners for CAD$133 million in cash and 350,000 Transcontinental warrants issued at an exercise price of CAD$19.91 per share. According to the company, the deal is the largest in Transcontinental's history in terms of revenue. CC3 has annual revenues of CAD$167 million.
« Back Next »
Comments
blog comments powered by Disqus