Redcats USA Sheds Missy Unit

| Jim Tierney

Redcats USA is a little leaner: The multititle apparel mailer announced July 28 it completed the sale of its Missy division to New York-based private equity firm Monomoy Capital Partners.

Office Depot Numbers Take Dip

| MCM staff

Second-quarter sales for Office Depot decreased 1%, to $3.6 billion for the three months ended June 28. The company reported a net loss of $2 million, compared to net income of $106 million for the same period last year.

Vertis and American Color to Merge, Finally

| Jim Tierney

Marketing services provider Vertis Communications on July 15 announced plans to begin voluntary proceedings under Chapter 11 of the U.S. Bankruptcy Code. This paves the way for a previously announced merger with American Color Graphics