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United Stationers has confirmed to opi.net that it has acquired Daisytek, Inc. for $1 million. The purchase is believed to be a defensive move by United in order to acquire ownership of the Daisytek name and the intellectual property attached to it before any other interested parties could move in.
United SVP/CFO Kathy Dvorak confirmed to opi.net: “It was the intellectual property that we were interested in. Their software provides a resource to us and to the market in terms of product compatibility information. They also had several URLs that we think have marketplace recognition and may be valuable to us.” United acquired the business in an auction yesterday. OPI, released August 28. TOP
Canadian computer supplies distributor EMJ Data Systems has agreed to purchase Daisytek Canada. EMJ intends to leave Daisytek Canada as a separate company at its current headquarters in Markham, Ontario, and expects to retain the present workforce. Jim Estill, president of EMJ, said: “This provides nothing but added opportunity for both Daisytek and EMJ customers and suppliers. EMJ customers will be able to benefit from an excellent supplier of low cost toner cartridges, ink, media, etc. and Daisytek customers can purchase quality computer hardware and peripherals from EMJ.” OPI, released August 26. TOP
Daisytek’s The Tape Company has been sold back to its original owners. Mike Cullen and Bob Daly founded The Tape Company in 1987 and sold it to Daisytek just over 5 years ago. They have now bought back the firm under their present company, Discount Media. The sale means that all of Daisytek’s primary U.S. units, named in its Chapter 11 bankruptcy filing in May, are now with new owners. The other units are Daisytek, Inc., Arlington Industries and Digital Storage. OPI, released September 2. TOP
Carolina Wholesale has purchased Daisytek’s Arlington Industries. Arlington Industries, along with other U.S. Units Daisytek Inc., Digital Storage and The Tape Company, filed for Chaper 11 bankruptcy in May. Carolina Wholesale lost out to United Stationers at the auction for Daisytek, Inc. last week. OPI, released September 01. TOP
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