Roper expects the addition of CBORD to be immediately cash accretive. The acquisition is expected to add $0.02-$0.03 to 2008 diluted earnings per share and to increase 2009 diluted earnings per share by up to $0.10.
As announced last September, François Olivier today officially became president and chief executive officer of Transcontinental at its annual shareholders meeting. He is taking over from Luc Desjardins, who is leaving the company after eight years of loyal and productive service.
The New York Times Company’s Board of Directors today declared a regular quarterly dividend of $.23 per share on the Company’s Class A and Class B common stock.
Recent developments in the Iggesunds economic and business environment driven by changing consumption trends, exchange rates has led to a reorganisation in order to rise to the challenges in the marketplace. The Sales & Marketing management structure has been changed in order to raise its profile within the organisation.
Company named to the Leaders Category of the 2008 Global Outsourcing 100 List by IAOP
Blue Harbour Group, which owns about 4.6 million shares of Choicepoint Inc. (NYSE:CPS), or approximately 6.5% of the Company, today issued the following statement from its Chief Executive Officer, Clifton S. Robbins, commenting on Choicepoint’s agreement to be acquired by Reed Elsevier for $50.00 per share in cash:
Rock-Tenn Company (NYSE:RKT) announced today that, in connection with its proposed acquisition of Southern Container Corp., it intends to offer, pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended, an unregistered offering of $200,000,000 aggregate principal amount of Senior Notes due 2016.
