Printing and supply chain management services company

Banta

(BN)

Thursday acknowledged it received a letter from print and visual communications company

Cenveo

(CVO)

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.