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Kinko’s as Elvis? That’s the anguished analogy that the copy chain’s founder, Paul Orfalea, makes in his belated comments on FedEx Corp.’s decision to drop the Kinko’s name.
In a business alliance to be announced today, customers of Kinko’s Inc. will be able to submit printing orders via the Internet then have their orders delivered by FedEx without leaving their ...
Kinko's will also pay $228 million for most of the remaining 23% stake held by the other shareholders. That works out to only a 36% premium over the original share price of $11. Says Orfalea, "It ...
When FedEx acquired printing chain Kinko's in 2004 for $2.4 billion, the air-cargo shipper's grand plan was to integrate the 1,200 stores into its business-services offerings.
Paul Orfalea started Kinko's in 1970 near the University of California at Santa Barbara. Today it has grown to more than 1,700 locations. Although its owner, Fed-Ex (FDX), is eliminating the Kinko ...
The idea for Kinko’s came to Orfalea while he was an undergraduate at the University of Southern California. Orfalea was often mystified after observing long lines of students waiting for the Xerox ...
Shipping giant FedEx Corp. agreed to buy business services provider Kinko's for $2.4 billion in cash from buyout firm Clayton, Dubilier & Rice Inc., the companies announced Tuesday. "The FedEx and ...
FedEx Corp. has agreed to buy Kinko's, the giant chain of copy centers, in a $2.4 billion all-cash deal intended to extend the shipper's reach to smaller businesses, the two companies said Tuesday.
MEMPHIS, Tenn. (AP) - Shipping giant FedEx Corp. agreed to buy the Kinko's copy shop chain for $2.4 billion in cash, the companies announced Tuesday.