Another Essendant extension announced

Another Essendant extension announced

Staples, Inc. and Essendant Inc. have announced that affiliates of Staples have once again extended the expiration time of the previously announced tender offer for all outstanding shares of Essendant’s common stock. The offer now runs until 6:00pm (New York City...
“Fallen angel” Xerox downgraded

“Fallen angel” Xerox downgraded

The OEM has been downgraded from investment grade to junk by Moody’s Investors Service, following a similar move by Fitch Ratings in August. According to Fortune, Moody’s cited “an uncertain revenue base” as one of its key reasons, as well as a “decline in demand for...
New patent for CET Group

New patent for CET Group

The Chinese company has been awarded the patent for its new, independently designed, toner cartridge. Announcing the landmark news on the company’s facebook page, CET revealed that the USPTO (United States Patent and Trademark Office) recently approved the patent...
Des Plaines Office Equipment rebrands

Des Plaines Office Equipment rebrands

The Chicago company and its affiliates will soon be brought together under its new moniker, Pulse Technology. According to Valpolife, the company, and affiliates Kramer & Leonard McShane’s, of Indiana, will take up the new brand from January 1. The change is a...
FTG sponsors philanthropic festive fun

FTG sponsors philanthropic festive fun

Flex Technology Group (FTG) has revealed that the company sponsored a fun evening for the children at Sunshine Acres Children’s Home on Thursday 13 December 2018. As FTG explains, Sunshine Acres provides a loving home to children who are separated from their parents...