Flint Group is raising the bar with its new VIVO DigiSystem 2.0 for the packaging print industry - a unique colour management concept offering speed to market, colour accuracy, and cost advantages for our global partners. VIVO DigiSystem 2.0 is an integral component of Flint Group’s VIVO Colour Solutions, a concept that was first launched to the market at drupa 2016. This exclusive digital proofing system translates ink recipes into unique printable values which are then available as a DigiSwatch™ sample. Benefits of this system include the following: • Immediate sharing of accurate print standards amongst multiple printers across any number of global locations. •Professional and superior presentation of brand and design print standards. •A professional approach to the critical element of colour management. •Speed to market; replacement of conventional prints with DigiSwatch speeds up the approval process. •DigiSwatch samples are high in lightfastness; the swatches have a long shelf life. •A clear position proving that at Flint Group, “We Take Colour Seriously.” click Read More below for more information
WestRock Company (“WestRock”) (NYSE: WRK) and KapStone Paper and Packaging Corporation (“KapStone”) (NYSE: KS) today announced the preliminary results of the elections as of 5:00 p.m. (Eastern Time) on September 5, 2018 (the “Election Deadline”) made by KapStone stockholders to receive shares of common stock, par value $0.01 per share, of Whiskey Holdco, Inc. (“Holdco”) as consideration in the acquisition of KapStone by WestRock through Holdco. If the KapStone special meeting of stockholders, currently scheduled for 10:00 a.m. (Central Time) today, September 6, 2018, is delayed to a subsequent date, the Election Deadline will be similarly delayed to a subsequent date, and WestRock and KapStone will announce any such delay and, when determined, the new election deadline.
As previously announced, KapStone stockholders have the option, with respect to each share of KapStone common stock they hold, to receive $35.00 per share in cash (the “Cash Consideration”), or to elect to receive 0.4981 shares of Holdco common stock (the “Stock Consideration”) and cash in lieu of fractional shares by the Election Deadline, provided that Stock Consideration may be received with respect to a maximum of 25% of the issued and outstanding shares of KapStone common stock immediately prior to the effective time of the acquisition. There is no limit on the number of shares of KapStone common stock with respect to which Cash Consideration may be received. The documents related to the election of Stock Consideration were mailed to KapStone stockholders beginning on August 2, 2018.
Based on information as of the Election Deadline, holders of 3,135,062 shares of KapStone common stock, or approximately 3.2% of the shares of KapStone common stock currently issued and outstanding, elected to receive Stock Consideration in respect of such shares. These are preliminary results. Because, based on such preliminary results, Stock Consideration is expected to be elected in respect of fewer than 25% of the shares of KapStone common stock outstanding as of immediately prior to the effective time of the acquisition, the election of Stock Consideration is not expected to be prorated.