Paxar Stock Market Information

Apparel Industry Financial Component Company Stocks Trim Manufacturers

Stock Analysis at Avery Dennison page.

- Paxar

Paxar is now owned by Avery Dennison.

Please visit the Avery Dennison page here on Apparel Search for more information.

March 22, 2007 News: Avery Dennison Corporation (NYSE: AVY) and Paxar Corporation (NYSE: PXR) today announced that their boards of directors have unanimously approved a definitive agreement for Avery Dennison to acquire all outstanding shares of Paxar for $30.50 per share in a cash transaction valued at approximately $1.34 billion. The transaction is expected to enhance Avery Dennison's ability to compete and grow in the fragmented, expanding $15 billion-plus global retail information and brand identification market. Avery Dennison's Retail Information Services (RIS) business represents one of its fastest-growing units. RIS provides brand identification and supply chain management solutions primarily for manufacturers and retailers, including tag and label design and printing; inventory and shipment tracking; and data management systems. Under the terms of the agreement, Avery Dennison will purchase each common share of Paxar for $30.50. Based upon Paxar's closing price of $24.03 on Thursday, March 22, 2007, this represents a premium of 27 percent. JPMorgan Chase Bank, N.A. has committed $1.35 billion in acquisition financing and will also arrange long-term financing.

https://rbis.averydennison.com/en/home.html

If you find our directory to be helpful, please like our site with the social media links below. Your support is appreciated.
If you are interested in discussing the financial aspects pertaining to the company listed on this page, please share your thoughts in the comments section below. Discussion topics may include any business details that you believe could potentially impact the financial strength or weakness of the company. For example, the company may have negotiated a new licensing deal that you believe is important. Or possibly they have hired a new public relations firm or received a unique celebrity endorsement. If any interesting activity has taken place, please bring that issue up for discussion and debate. You are welcome to provide facts or ask questions about business strategy, corporate executives, brand portfolios, historical stock prices, business news, SEC filings, stock charts, etc. Anything relevant to investor relations, the company's products or services, financial information, or corporate policy is open for discussion. Feel free to share your wisdom in the social comment area below. Please keep all discussions directly relevant to the topic of the company listed on this page.
comments powered by Disqus

Clothing Industry Trim & Component Suppliers that are Publicly Traded Companies:
Avery Dennison, Paxar (purchased by Avery), Talon Zippers, Velcro