Day International in Discussions with Flint Group
Friday, April 13, 2007
DAYTON, Ohio--April 12, 2007-- Day International, a world leader in the manufacture and supply of printing blankets, sleeves, image transfer media and pressroom chemicals, is currently in discussions regarding a potential sale of the Company to Flint Group, the world's largest privately-owned supplier to the printing, converting, and colorant industries. Any transaction would be subject to receipt of regulatory approvals and an agreement being reached on the terms of the transaction, as well as other customary closing conditions. This process is ongoing and there is no certainty that the discussions will lead to an agreement or that, if an agreement is reached, a transaction will be concluded. Day International and Flint Group stated they do not intend to comment further regarding the discussions or any possible transaction until an agreement is reached or the discussions have terminated.