Gamma Holdings to Sell Texoprint to Rath and Doodeheefver

January 12, 2000

Briarcliff Manor, N.Y. - In early January, F&FI reported that the Rath and Doodeheefver Group was in negotiations with Gamma Holdings to buy the Gamma-owned printer, Texoprint.

However, a recent Rath and Doodeheefver press release states that the negotiations have ended without a sale. ''It now so appears that both parties cannot agree on the terms and conditions under which the sale should take place,'' the press release revealed. ''Thereupon the parties have ended negotiations.''

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