Industry News, Ink Manufacturers News, Mergers and Acquisitions, Printers News

Standard Register Commences Voluntary Chapter 11 Reorganization, Enters Sale Agreement

Entered into acquisition agreement with an affiliate of Silver Point Capital, L.P.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Standard Register Co. announced that it and its subsidiaries have filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The company also announced that it is pursuing a sale process and has entered into an acquisition agreement with an affiliate of Silver Point Capital, L.P. The agreement was submitted to the Bankruptcy Court. Under the proposed agreement, the company’s assets will be sold for approximately $2...

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