Standard Register (NYSE: SR-OLD) Acquires WorkflowOne in a $218 Million Transaction on Thursday, August 1st, 2013. Sleeping Giant Looks to achieve $1 Billion in Annual Revenue and $40 Million in Cost Savings; Stock up Over 350% in Single Day.
(PLEASE NOTE THAT THIS INVESTMENT IS HIGHLY SPECULATIVE!!! CONSULT YOUR FINANCIAL ADVISER AND LISTEN TO THE CONFERENCE CALL, LINK HERE AND READ THE RECENTLY FILED 8-K, LINK HERE)
Standard Register announced on August 1st that it acquired WorkflowOne in an equity transaction valued at $218 million. The transaction was financed by assuming $210 million of long-term debt and also with the issuance of warrants worth an estimated $8 million. Long term, the acquisition looks to advance Standard Register's revenue...
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