Today at
3:50 pm Eastern Time, just before the markets closed, ARC shares were trading
at $2.15 per share.
At $2.15 per
share, ARC’s “market cap” was reported to be $99.88 million.
ARC paid
$100 million for Ridgway’s.
So, if you buy
ARC at $2.15 per share, you’re getting the core ARC company (prior to its many,
many acquisition), Ridgway’s and all of the other companies ARC acquired during
its roll-up of the reprographics industry.
Remarkable!
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