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Pitney Bowes Inc. (OTCMKTS:PBOWN) Files An 8-K Other Events

Pitney Bowes Inc. (OTCMKTS:PBOWN) Files An 8-K Other EventsITEM 8.01. OTHER EVENTS

On October 2, 2017, Pitney Bowes Inc. (“PBI”) issued a press release announcing the consummation ofits previously announced acquisition of all of the issued and outstanding equity interests of NGS Holdings, Inc. (the “Company” and such acquisition, the “Merger”), to the Agreement and Plan of Merger, dated as of September 6, 2017, among PBI, Neutron Acquisition Corp., an indirect wholly owned subsidiary of PBI, the Company and Littlejohn Fund IV, L.P., solely in its capacity as stockholder representative. PBI paid a purchase price of $475,000,000 in cash consideration, subject to certain adjustments. A copy of the press release announcing consummation of the Merger is attached as Exhibit 99.1 to this Current Report on Form 8-K and is hereby incorporated by reference into this Current Report.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits.

Exhibit

Number

Description of Exhibit

99.1

Press release of Pitney Bowes Inc. dated October 2, 2017.

PITNEY BOWES INC /DE/ ExhibitEX-99.1 2 ex99-1.htm PRESS RELEASE Exhibit 99.1           Press Release     Pitney Bowes Completes Acquisition of Newgistics,…To view the full exhibit click here
About Pitney Bowes Inc. (OTCMKTS:PBOWN)
Pitney Bowes Inc. is a global technology company. The Company offers customer information management, location intelligence, and customer engagement products and solutions to help clients market to their customers, and shipping and mailing, and cross border e-commerce products and solutions that enable the sending of parcels and packages across the globe. The Company’s business is organized around three sets of solutions, which include small and medium business (SMB) Solutions, enterprise business solutions and digital commerce solutions (DCS). Its DCS business includes Software Solutions and Global Ecommerce segments. Its Others segment consists of Imagitas. The Company markets products and services through sales force, direct mailings, telemarketing, independent dealers and distributors and Web channels. It sells products to business, governmental, institutional and other organizations.