Banta Corporation was a major printing, imaging, and supply chain management company of the United States, based in Menasha, Wisconsin, for all of its 105 years.
George Banta, a member of Phi Delta Theta fraternity at Indiana University in Bloomington, secured a contract to print its national magazine, The Scroll.
In August 2006, Connecticut-based envelope printer Cenveo made an unsolicited offer to buy the company, but Banta's management considered it hostile.
[11] (Banta's stock price had recently fallen after the disastrous August 2006 earning call when Streeter announced Banta was going to refocus on print instead of supply chain and when questioned about the shift she replied "we didn't see it coming" - from the low $40s in late July; it closed at a penny under $34 on August 8, but the news shot the price up to $46 the following day.
)[11] Instead, it accepted a $1.3 billion offer from major competitor RR Donnelley of Chicago in October,[1][12] at $52.50 cash per share ($36.50 plus a $16 special dividend).