Industry News, Mergers and Acquisitions, Printers News

xpedx, Unisource Combine to Form Veritiv

Transaction expected to close in early Q3

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By: DAVID SAVASTANO

Editor, Ink World Magazine

xpedx, a business of International Paper, and Unisource Worldwide, Inc. announced that they have chosen the name Veritiv for the leading distribution solutions company that will be created upon completion of their merger. The name Veritiv comes from the roots of three words: “verity,” meaning true, and “active” and “connective.” Common stock of the new company is expected to trade on the New York Stock Exchange under the symbol VRTV.   “The name of our combined company reflects the core stren...

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