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Deal snapshot: UNITED BUSINESS MAIL ACQUIRES LSC COMMUNICATIONS' COMMINGLE OPERATIONS FOR USD 11.25M.

MANews-(C)2009-2019

Minnesota, US-based mail service provider United Business Mail (UBM) has acquired the commingle business from LSC Communications (NYSE: LKSD) for USD 11.25m, the company said.

The transaction includes LSC's commingle facility located in Aurora, Illinois, which LSC acquired as part of the acquisition of RRD Print Logistics in July of 2018. LSC Communications said this transaction will enable LSC to continue to focus on its core print and logistics businesses, and the proceeds from this sale will be used to reduce debt.

Country: USA

Sector: Advertising/PR

Target: LSC Communications/ commingle business

Buyer: United Business Mail

Vendor: LSC Communications

Deal size in USD: 11.25m

Type: Corporate Acquisition

Financing: Cash

Status: Closed

Buyer advisor: , ,

Comment:

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Publication:M & A Navigator
Date:Aug 28, 2019
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