News

TALLAHASSEE, FL (PRNet) – January 20, 2010 – Sabre Corporation announced today that they have signed a definitive agreement to acquire Dunder Mifflin Paper, Inc. This new venture will marry Sabre's line of electronic office equipment with Dunder Mifflin's line of office paper products. The announcement was made by Jo Bennett, Chief Executive Office of Sabre.

"This deal is a perfect fit for Sabre and will allow us to become a leader in the distribution of office supplies on the East Coast. In particular, Dunder Mifflin's hard-working, respected sales team is a great complement to our office supply business," said Bennett.

Dunder Mifflin Paper Company, Inc. carries on a proud tradition of serving the small business community. The company prides itself on its spectacular attention to customer service and quality while providing unbelievable prices to its loyal client base. Their attractive track record of/for selling office supplies in the Northeastern market promises to enrich The Sabre Way.

"For Sabre, this transaction is strategically compelling and will generate attractive financial returns and build shareholder value," continued Bennett. "It is also expected to be immediately accretive and will also allow us to maintain our strong commitment to returning capital to shareholders-all while increasing the scale, capabilities and value of our office supply distribution. Significantly, it is entirely consistent with our intense focus on value creation and our disciplined strategy of pursuing profitable growth in areas complementary to our distribution business."

Headquarters for the business will remain in Tallahassee.

About Dunder Mifflin:
Dunder Mifflin Paper Inc. (stock symbol DMI) is a micro-cap regional paper and office supply distributor with an emphasis on servicing small-business clients. Dunder Mifflin has branches in Albany, Utica, Scranton, Akron, and Nashua.

About Sabre:
Sabre Corporation (stock symbol SBR) is a national electronic office equipment supplier. Headquartered in Tallahassee, Florida, it sells network printers, fax machines and scanners to businesses of all sizes.