Mark Michelson

Mark Michelson

Mark Michelson is the Editor-in-Chief of Printing ImpressionsServing in this role since 1985, Michelson is an award-winning journalist and member of several industry honor societies. Reader feedback is always encouraged. Email mmichelson@napco.com

Xerox Terminates Acquisition by Fuji, Names New CEO

An agreement reached May 13 between Xerox and its activist investors terminates the proposed $6.1 billion Xerox transaction with Fujifilm to combine Xerox with Fuji Xerox, replaces Xerox CEO Jeff Jacobson with new CEO John Visentin, and appoints five new members to serve on Xerox's board of directors.

Commentary: Peter Schaefer on Cenveo Chapter 11 Bankruptcy Filing

Peter Schaefer, a partner with printing industry M&A and investment banking firm New Direction Partners, describes the recent Cenveo Chapter 11 bankruptcy announcement and how it will impact the company, its suppliers and future contracts.

Cenveo Chapter 11 Bankruptcy Filing Announced; Mega-Printer Secures DIP Financing

Stamford, Conn.-based Cenveo Inc., which has been struggling for some time partly from its heavy debt load due to past acquisitions as a one-time major printing industry roll-up consolidator, announced that it has reached an agreement with holders of a majority of its first-lien debt to support a voluntary Chapter 11 plan of reorganization.

Blockbuster Printing Industry Deal: Fujifilm Acquires Xerox to Become $18 Billion Company

After several weeks of speculation, Xerox Corp. and Fujifilm Holdings announced a $6.1 billion transaction to combine Xerox and their longstanding Fuji Xerox joint venture, creating an $18 billion company. Fujifilm will own a controlling 50.1% of the combined company, marking the end of Xerox as an independent company dating back to its founding.

Koenig & Bauer Celebrates 200-Year Milestone With New Name, Branding

To celebrate its 200th anniversary, Koenig & Bauer (formerly KBA) hosted a celebration that culminated with a gala reception attended by nearly 700 guests and a special program featuring dignitary presenters such as Horst Köhler, the former president of Germany.