Banta Firmly Rejects $1.1 Billion Cenveo Buyout Offer
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Banta Chairwoman and Chief Executive Stephanie A. Streeter responded in an open letter addressed to Cenveo CEO Robert G. Burton Sr., and his response to the letter indicates signs that the situation may develop into a hostile takeover.
“I am extremely disappointed that you chose to release publicly the letter that your legal advisors faxed to us late last night prior to giving us the opportunity to review your highly conditional unsolicited indication of interest in combining our two companies,” Streeter wrote in her letter to Burton.
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