Printing and supply chain management services company
Thursday acknowledged it received a letter from print and visual communications company
that proposes a "business combination."
The Menasha, Wis.-based company said it would review the letter, dated Sept. 20, and provide a response in due course.
Cenveo is looking to buy all of Banta's outstanding common stock for $47 a share in cash.
Shares of Banta closed Thursday at $47.75, up 12 cents, or 0.3%.
This story was created through a joint venture between TheStreet.com and IRIS.