DALLAS, Texas - BeaconEquity.com announces the publication
of ‘IKON Office
Solutions (IKN) to Combine with Ricoh, Leverages Capabilities with Ricoh's
Expertise’
Investors can view all of the investment articles for free by visiting:
http://www.beaconequity.com/m
- Click on News and Commentary
IKON Office Solutions
(IKN) to Combine with Ricoh, Leverages Capabilities with Ricoh's Expertise
”Seeing an opportunity
to leverage sales and services capabilities with Ricoh’s engineering and
manufacturing expertise, IKON Office Solutions said it agreed to be acquired by
Japanese printer and fax maker Ricoh Co. for about $1.6 billion, or $17.25 per
share. The transaction, which has been approved by the boards of directors of
both companies, is subject to regulatory approvals in the United States, Canada
and Europe, customary closing conditions and IKON shareholder approval…
“IKON
Office, which operates from more than 400 locations in North America and
Western Europe, provides document management systems and services to business
and government clients. The firm leases/sells name-brand office equipment and
provides associated office supplies, equipment maintenance programs, technical
support and lease financing…
”A win-win deal, IKON CEO Matthew Espe said combining with one of the world’s most respected and innovative companies will enable the company to strengthen its offerings to customers and create new opportunities for its employees…”
To read the entire article visit http://www.beaconequity.com/m
– Click on News and Commentary
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Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
