17 July 2009
Unisource cancels Gould Paper acquisition
RICHMOND HILL, ON—Unisource Canada Inc. has cancelled its planned acquisition of Gould Paper Canada Ltd. In a press release dated July 16, the company stated, “Unisource Canada Inc. has been unable to reach a conclusive agreement with respect to the acquisition of Gould Paper Canada Ltd. in a timely manner and, as a result, has decided not to pursue the acquistion further at this time."
Where this leaves ownership of Gould is unclear, as calls to Unisource and Gould Paper were not immediately answered.

The original purchase agreement was made in mid-May.

Earlier this week, Unisource announced that it is planning a takeover of national distributor Mondrian-Hall, which filed for bankruptcy on July 8. That deal is scheduled to be completed by mid-August.

NEW ON THE JOB BOARD | RSS
CLASSIFIED | RSS
Company for sale
Company wanted
CLICK HERE to list your business opportunity in the printing industry
Most Recent News Comment
Started in a Trade Shop says:
Are Paul McCarthy and Paul McCathy the same person. More spelling mistakes from Print Can. Tsk Tsk...
North Island Publishing PrintCAN Print Jobs Canada’s Estimators' & Buyers' Guide MastheadOnline Print World 2010 Design City
Graphic Monthly Print Equipment gutenbergs' guide COPA industrial print