Pitney Bowes Inc. announced Tuesday that it is buying two firms that provide infrastructure and planning for mail marketing--Advertising Audit Service and PMH Caramanning. The two firms will join to
become a single Pitney Bowes-owned subsidiary operating within its "Mail Services" business under the leadership of Michael Monahan, executive vice president and president of "Global Mailing Solutions
and Services." This transaction is expected to be complete by the end of the second quarter.
--Erik Sass