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Slide #51. Standard Register — WorkflowOne
Standard Register (NYSE:SR)
Standard Register (NYSE:SR) announced today that it has acquired WorkflowOne in a transaction valued at $218 million, financed by assuming $210 million of long-term debt and the issuance of warrants with an estimated value of $8 million. The transaction advances Standard Register's revenue position, enhances its product and solutions portfolio, broadens its customer base, improves its cost structure and provides greater financial flexibility and stability.
Spire is the holding company for Spire Missouri Inc. (Spire Missouri), Spire Alabama Inc. (Spire Alabama), other gas utilities, and gas-related businesses. Co.'s segments are: Gas Utility, which includes Spire Missouri, a natural gas distribution utility system in Missouri, and Spire Alabama, a public utility engaged in the purchase, retail distribution and sale of natural gas principally in central and northern Alabama; and Gas Marketing, which includes Co.'s subsidiary, Spire Marketing Inc. that is engaged in the marketing of natural gas and providing energy services to both on-system utility transportation customers and customers outside of the service areas.
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Hold (2.34 out of 4)
(ranked lower than approx. 87% of all stocks covered)
Based on Zacks ABR data;
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