Alliance With Kinko’s Helping New England Firm
Compiled by Jack Searles
News that Ventura-based Kinko’s Service Corp. has formed an alliance with New England Business Service Inc. has apparently warmed Wall Street’s attitude toward New England Business.
The partnership will use New England Business’ know-how as a producer of business forms and software to provide customized printing for small-business clients at Kinko’s nationwide chain of copy centers.
New England Business’ shares gained $2.125, or 10%, reaching $22, May 16, two weeks after the Kinko’s deal.
As for Kinko’s, Wall Street’s attitude doesn’t matter much. The company is privately held.
