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November 23, 1993 | From Times Staff and Wire Reports
George Rice Printing Firm Sold for $86 Million: The sale of Los Angeles-based George Rice & Sons, a leading commercial printer, to New York-based World Color Press includes an assumption of indebtedness. Current management will remain with the company, which was founded in 1879. George Rice & Sons prints annual reports, brochures, advertising and marketing materials.
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BUSINESS
November 23, 1993 | From Times Staff and Wire Reports
George Rice Printing Firm Sold for $86 Million: The sale of Los Angeles-based George Rice & Sons, a leading commercial printer, to New York-based World Color Press includes an assumption of indebtedness. Current management will remain with the company, which was founded in 1879. George Rice & Sons prints annual reports, brochures, advertising and marketing materials.
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BUSINESS
January 4, 2001 | Bloomberg News
Moore Corp., a maker of business forms, said it plans to cut about 1,400 jobs, or 10% of its work force, mostly at the company's main U.S. operations in Bannockburn, Ill. Moore, which is based in Toronto, said it expects the cuts to reduce expenses by about $100 million in the next 12 to 18 months. The decision comes a month after Moore named Robert Burton, former head of printer World Color Press Inc., as its president and chief executive, replacing Ed Tyler, who quit on Dec. 11.
BUSINESS
July 13, 1999
Canada's Quebecor Printing Inc. agreed to acquire World Color Press Inc. of Greenwich, Conn., for $1.4 billion in cash and stock in a deal that would create the largest commercial printer in the world. The combined company, to be known as Quebecor World Inc., would serve customers in magazines, catalogs, books, retail inserts and circulars and direct mail. Quebecor also would assume $1.3 billion of debt in the deal. Quebecor has 26,000 employees and revenue of $3.8 billion in 1998.
BUSINESS
September 13, 1994 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
Cash-starved dairy and pasta company Borden Inc. agreed to be acquired by Kohlberg Kravis Roberts & Co. in a $2-billion deal that marks the biggest purchase by the leveraged-buyout firm since its takeover of RJR Nabisco Holdings Corp. in 1989. KKR, based in New York, will pay for the acquisition with RJR Nabisco stock. For Columbus, Ohio-based Borden, which has been struggling with money-losing dairy operations and heavy debt, the price of $14.
BUSINESS
June 20, 1990 | JONATHAN WEBER, TIMES STAFF WRITER
Entrepreneur Magazine publisher Clare N. Thain resigned last week, Entrepreneur Chairman Peter Shea said Tuesday, and his duties at the cash-strapped publication will be assumed by Shea and Associate Publisher James L. Fitzpatrick. Shea also said he had turned down a joint-venture deal with Omni Group, a New York-based publishing arm of the Swiss company Omni Holdings. He said talks were continuing with other possible overseas investors whom he declined to identify.
BUSINESS
March 4, 1996 | TOM PETRUNO
You say you always wanted to own stock in a company that makes polyvinyl-chloride-coated rigid steel piping? You'll get your chance soon, when Van Nuys-based Ocal Inc. tries to sell shares for the first time. Or maybe you've hankered to have a stake in a business that makes "rapid prototyping systems," which quickly produce test models of industrial parts or new consumer products from three-dimensional computer images. If so, Torrance-based Helisys Inc.'s upcoming stock offering may be for you.
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