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BRIEF-Pitney Bowes acquires Newgistics Inc for about $475 million
September 6, 2017 / 3:38 PM / 2 months ago

BRIEF-Pitney Bowes acquires Newgistics Inc for about $475 million

Sept 6 (Reuters) - Pitney Bowes Inc:

* Says expands capabilities in growing ecommerce and parcel services space with acquisition of Newgistics Inc

* Says deal for ‍approximately $475 million​

* Says intends to continue to operate businesses as independent units through remainder of 2017 and into Q1 of 2018​ Source text for Eikon: Further company coverage:

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