Brief: Phoenix Color buys Color Optics

ALJ Regional Holdings

22/06/2016 12:30

June 22 (Reuters) -  
    * Alj regional holdings inc says aggregate consideration for 
acquisition is $7.0 million 
    * Alj regional holdings says unit, phoenix color corp have 
entered into asset purchase agreement to acquire color optics 
packaging business from aki inc 
    * Alj regional says phoenix color and co expect to enter 
into amendment to financing agreement with cerberus business 
finance to increase borrowings by $10.0 million 
    * ALJ Regional says Phoenix Color will invest about $5 mln 
in new press, finishing, folding equipment  
    * Phoenix color corp. acquires color optics 
 
Source text for Eikon:  ID:nPn1bbPlca  
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