Staples Completes Acquisition of PNI Digital Media

Staples Inc., Framingham, Mass., announced its completion of the acquisition of PNI Digital Media (PNI), Vancouver, British Columbia, Canada that was announced in May. The agreed upon cash transaction was $1.70 a share, which is approximately $73.9 million in Canadian dollars, or approximately $1.58 a share and $68.8 million total in U.S. currency.

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iPROMOTEu’s Ross Silverstein Named EY Entrepreneur of the Year 2014 Finalist in New England

EY recently announced that Ross Silverstein, the founder, president and CEO of iPROMOTEu, Wayland, Mass., is a finalist for the EY Entrepreneur Of The Year 2014 Award in the New England Region. The awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their business and communities. Silverstein was selected as a finalist from nearly 50 nominations by a panel of independent judges.

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Safeguard Acquires Assets of QBF Inc.

Safeguard has completed the acquisition of QBF Inc., Plymouth, Minn., the Dallas-based company announced last week. Terms of the acquisition were not disclosed. QBF is the latest addition to the Safeguard network, which, since 2008, has completed more than 85 transactions.

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Bag Makers Hires Amanda Madai as Regional Business Development Manager

Bag Makers, Union, Ill., announced that it has hired Amanda Madai as regional business development manager for New York. Prior to joining Bag Makers, Madai was an off-air marketing and promotions coordinator for NBCUniversal Syfy in New York and an East Coast affiliates sales and marketing coordinator for NBCUniversal in New Jersey.

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