Advertisement

Phoenix Color, Visant Corp. to merge

February 15, 2008

Phoenix Color Corp. announced Tuesday that it has signed a plan of merger with Visant Corp., a company based in New York.

The $219 million deal should close by the end of the first quarter of 2008, according to a Visant Corp. press release.

Visant is a marketing and publishing services enterprise that serves primarily the trade, professional reference and educational segments.

Phoenix Color will operate as a wholly owned subsidiary of Visant after the proposed merger.

Spokespeople for both Phoenix Color in Hagerstown and Visant in Armonk, N.Y., declined to comment Thursday on the proposed merger.

Advertisement
The Herald-Mail Articles
|
|
|