Postal Instant Press rejected an unsolicited $77.7-million...
- Share via
Postal Instant Press rejected an unsolicited $77.7-million takeover bid from an investor group headed by Kane-Miller Corp. of Tarrytown, N.Y. PIP said its directors decided that the $18.50-per-share offer “is inadequate and that, in any event, now is not the time to sell the company in terms of realizing full value for our shareholders.” Los Angeles-based PIP has 1,100 franchised printing centers nationwide.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
