Label printer Multi-Color (LABL +4.6%) acquires smaller rival York Label Group for $356M in...

|About: Multi-Color Corporation (LABL)|By:, SA News Editor

Label printer Multi-Color (LABL +4.6%) acquires smaller rival York Label Group for $356M in stock and cash to boost its markets in North America and Chile. Multi-Color says the deal is expected to add to earnings in FY2013 and help expand its personal household, food and beverage label business.