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The announced today that it has agreed to acquire the Group of a purchase rice of approximately $550 million in cash. Subject to regulatory approval, the acquisition organizers is expected to close in the fourth quarter of. Upon completion, will become a wholly owned subsidiary organizers of. is a leading producer and marketer of dated and time management products. The addition of , which produces, manufactures and markets wire-bound diaries and appointment books, desk and wall calendars, posters, organizers, planners and related accessories, represents another step in stated strategy of growing the company''s core businesses of coated and specialty papers, packaging and paperboard, and school and office products. Headquartered in the Group of annual sales of approximately $325 million and earnings before interest, taxes, depreciation and amortization of approximately $70 million organizers in the fiscal year ended. The company''s sales have doubled over the past four years, primarily as a result of product development and strategic acquisitions.

New QuickNotes® QuickNumbers Telephone/Address book gives you plenty of added writing organizers space with each entry. 3- or 6-ring binder with double-letter A-Z tabs. You can include extra information like birthdays, anniversaries, cell phone numbers, or whatever special information you need quickly. Customize the blank tabs with labels provided in back. Separate sections for addresses, phone log, and contacts. Bright yellow areas provided for QuickNotes®. Enclosed in a black vinyl binder. This is the convenient way to keep up with business and personal organizers contacts. Wirebound with tabbed A to Z index. Non-refillable. This monthly wall calendar has daily notation blocks and space for memos and notes. Printed in two colors on white paper makes for easy viewing. Wirebound and three-hole punched can be used for hanging or can be placed in your binder. Recycled with 30% postconsumer fibers.

is joining theSchool & Office Products division, a leading manufacturer and distributor of school organizers supplies and a provider of stationery products and computer accessories for home and office use. , with 1,800 employees, manufactures and markets calendars, diaries, appointment books, organizers and related time management and information products for the office products channel and coloring products, calendars, posters and other print media products for retail distribution. ''s products are marketed under the widely recognized brand. Its sub-brands Day Minder, Standard Diary, Timeline, Landmark, Day Dream and Hometown are promoted under the umbrella to specific markets. By gaining ''s well known products and outstanding distribution capabilities, we''re taking a significant step forward in the implementation of our growth strategy, the president of School & Office Products. We look forward to making a seamless transition of desktop into our School and Office Products division and achieving immediate benefits from this acquisition.