A management-led group bid for Pandick Inc.
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The leading printer of financial documents said it has received the $250-million buyout offer from a management-led investor group headed by the company’s president, Anthony K. Moulton. The group includes three Pandick executive vice presidents and Morgan Capital Corp., a unit of J. P. Morgan & Co., the New York bank holding company. Pandick said the group offered $25.50 cash for each of the company’s 9.84 million common shares outstanding.
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