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Continued, " also brings a broad multi-channel distribution system and in particular, strengthens our position in office products channels, including office superstores, and commercial and contract stationers. This expanded presence in office products complements our existing relationships with mass retailers. The combined distribution system should enhance the marketing and sales of our key products, including school supplies, time-management products and computer accessories. We expect the new organization to achieve market-related and cost synergies of about $25 million per year. President of said, We are extremely pleased to be joining, a company with a strong heritage of providing its customers with high-quality, market-leading products. In partnering with a complementary organization, we expect to further strengthen the office products business and better execute our growth plans in the related consumer products areas. We look forward to working with our new colleagues.

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