Pitney-Bowes (PBI) Declares $0.1875 Quarterly Dividend; 3.3% Yield

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Pitney Bowes Declares Common, Preference and Preferred Stock Dividends

May 11, 2015 9:45 AM EDT

STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes Inc. (NYSE: PBI), a global technology company that provides innovative products and solutions that power commerce, today announced that its Board of Directors has declared a quarterly cash dividend on the companys common stock of $0.1875 per... More

Red Ventures to Acquire Imagitas from Pitney Bowes

May 11, 2015 8:45 AM EDT

Technology and digital marketing company to expand capabilities and expertise through acquisition of market leader in the movers space

INDIAN LAND, S.C. & STAMFORD, Conn.--(BUSINESS WIRE)-- Red Ventures, a leading marketing technology and services company, and Pitney Bowes Inc. (NYSE: PBI), a global technology company that provides innovative products and solutions to power commerce, today announced that Red Ventures has signed a definitive agreement to acquire Pitney Bowes marketing services organization, Imagitas, for $310 million in cash, subject to certain adjustments. The transaction is expected to close in the second... More