*NEWS*ADSERO MAKES MOVE FOR TURBON

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*NEWS*ADSERO MAKES MOVE FOR TURBON

 user 2005-05-21 at 12:47:00 pm Views: 56
  • #9655
    Adsero makes move for Turbon
    May 05

    Canada printer cartridge manufacturer Adsero has made a tentative offer to purchase all outstanding shares of German imaging supply company Turbon for approximately $49 million.

    Turbon’s executive board is to meet Adsero representatives to discuss the role of Turbon within the combined entity, which will cost $40 million in cash and $9 million in stock.