Pitney Bowes Buys Equipment Services Business
Standard Register, Dayton, OH, completed the sale of its equipment services business to Pitney Bowes, Stamford, CT, for about $17 million in cash Dec. 31.All of Standard Register's roughly 200 equipment service associates were offered jobs by Pitney Bowes.
The sale will generate a fourth-quarter gain for Standard Register.
Melissa Campanelli covers postal news, CRM and database marketing for DM News and DMNews.com. To keep up with the latest developments in these areas, subscribe to our daily and weekly e-mail newsletters by visiting www.dmnews.com/newsletters
