Thursday, July 07, 2005

SourceCorp

Hope your Independance day celebrations went well. Just saw this piece of news regarding SourceCorp. A bit disturbing as SourceCorp is one of the few pure-imaging service bureau roll-ups from the late 1990s that has had some success. Granted, there have been a few bumps, but nothing like those encountered by competitors ImageMax and Lason. And right now a lot of people are trying to get into the business that SourceCorp is in. Of course, this might mean that somebody big wants to buy them, which may be the reason why all this posturing is going on. Anyways, here's hoping they can pull through this without too much of a mess.

Cheers.

RG

1 comment:

Anonymous said...

FYI on the Jana partners lawsuit against SourceCorp.

Since the original lawsuit was filed, SourceCorp appointed a Jana parnters nominee to their board of directors. From what I understand, the lawsuit has been dropped.