Communisis parent company OSG filed for Chapter 11 bankruptcy protection in the US and planned to restructure more than $800m (£661m) of debt via a pre-packaged plan... Long-standing family-owned print business Warwick Printing Co went into members voluntary liquidation... Essex-based Interact Marketing Services, which traded as Printwize, went into administration despite its owners selling their house in an attempt to keep the business going... Rolling Stone magazine ordered a rapid reprint after its new issue sold out immediately when pop megastar Harry Styles was revealed as the cover star... Royal Mail laid out its contingency plans, with the first of four strike dates planned by its CWU union grade employees set to begin this month... Adobe confirmed that Pantone Color Libraries would be phased out from Creative Cloud in August (see boxout)... Awesome Merchandise went into administration, with certain assets sold to a new company set up by co-founder Luke Hodson... Another wave of paper price rises impacted the sector with Antalis warning customers of price rises of up to 20%... Agfa confirmed it was selling its Offset Solutions division to Aurelius Group in a €92m (£78.7m) deal...
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"I'm sure this will go down well with print supply chain vendors. What terms is it that ADM are after - 180 days is it?"
"Hello Set Off,
Unencumbered assets that weren't on the Reflections books, I believe.
Best regards,
Jo"
"Just wondering who Rapidity are buying the equipment from as there would not appear to be an administrator for the Reflection companies as yet?"
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