Checkpoint Systems (CKP) Announces Completion of Shore to Shore Acquisition

May 17, 2011 7:51 AM EDT
Checkpoint Systems, Inc. (NYSE: CKP) today announced that it has completed the acquisition of Shore to Shore, Inc., including the Adapt Group and related assets.

The initial purchase price for the all cash acquisition will be $62.95 million less any debt.

Checkpoint expects Shore to Shore revenues for 2011 to be in the range of $60 million to $65 million.


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