MILFORD, Conn.--BIC Corp. here has agreed to buy Wite-Out Products, Beltsville, Md., which producers correction fluid.
Wite-Out has annual sales of $12 million, representing a 15% share of the U.S. correction fluid market. The company says the correction fluid market is growing, despite the decline in typewriter use, because the product is increasingly used to correct original documents intended for faxing or photocopying.
Source Citation:"Bic agrees to acquire Wite-Out. (News Roundup)." Supermarket News 42.n23 (June 8, 1992): 28(1). InfoTrac Small Business eCollection. Gale. BROWARD COUNTY LIBRARY. 3 May 2009
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