Industry News, Mergers and Acquisitions, Printers News

Harland Clarke Holdings to Acquire Valassis for $1.8 Billion

Combination will create leading diversified global transaction and marketing services and media delivery company

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Harland Clarke Holdings Corp., a leading provider of best-in-class integrated payment solutions and marketing services, and Valassis, a leader in intelligent media delivery, announced that they have entered into a definitive merger agreement under which Harland Clarke Holdings will acquire Valassis. Under the terms of the agreement, Harland Clarke Holdings, a wholly owned subsidiary of MacAndrews & Forbes Holdings Inc., will acquire all of the outstanding shares of Valassis for $34.04 per s...

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