Taylor Corporation Completes Acquisition of Standard Register
Taylor Corp., one of the U.S.'s largest privately held companies, has completed its acquisition of the assets of Standard Register.
Taylor Corp., one of the U.S.'s largest privately held companies, has completed its acquisition of the assets of Standard Register (OTC BB: SRCT). The combined company has more than 12,000 employees working in more than 80 companies with operations in 32 states and nine countries.
"The successful close officially turns the page for Standard Register's customers and employees and moves us into a new chapter that we believe is strengthened as a combined organization," said Deb Taylor, chief executive officer of Taylor Corp. "Moving forward together, we have an even broader range of communications services, products and technologies, and an experienced team dedicated to providing the highest quality customer service in the industry. As we integrate the two companies, we are finding even more ways to provide value to our customers."
Taylor Corp. was the successful bidder for Standard Register through a bankruptcy auction held June 19, 2015. Standard Register's Chapter 11 case will conclude when all claims are settled.
