October 1, 2010
As reported in Reuters on October 1, 2010, Moses & Singer client Central National-Gottesman's Lindenmeyr Munroe division acquired the assets and business of Frank Parsons's Fine Paper Division, one of the mid-Atlantic region's leading independent paper merchants. The purchase includes Frank Parsons's entire fine paper operation and six wholesale paper stores. CNG is a leading international marketer of pulp and paper with sales in excess of $3.5 billion annually.
Howard R. Herman, co-chair of Moses & Singer's Corporate/M&A practice group, represented CNG in the transaction. For more information, please click on the following link: http://www.reuters.com/article/idUS146091+05-Oct-2010+PRN20101005.