Cenveo ups bid

 

4 October 2006 — Stamford (CT): Cenveo has boosted its hostile bid for Banta to $50 per share following Banta’s rejection of Cenveo’s previous $47 per share offer.

 

At the increased offer price, the transaction would be worth $1.21 billion.

 

Cenveo says the offer is its best and final offer and will expire on 31 October.