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Bowne & Co., Inc.: Bowne Signs Agreement to Acquire GCom2 Solutions, Inc.
NEW YORK, NY (MARKET WIRE) Bowne & Co., Inc. (NYSE: BNE), a leader in shareholder and marketing communications services, today announced it has signed a definitive agreement to acquire the assets and operating business of GCom2 Solutions, Inc. (GCom) for $45 million in cash. GCom is a leading provider of proprietary financial administration and reporting software and solutions to the global investment management industry. The Company expects the transaction to close during the first quarter and to be accretive to its 2008 results. The transaction is subject to the satisfaction of customary closing conditions.