Novitex: Quinpario Acquisition closes $2.8 billion merger, launches Exela Technologies

Quinpario Acquisition Corp. 2 has completed its previously announced merger with Source HOV LLC and Novitex Holdings Inc., a deal announced in January and valued at about $2.8 billion. Quinpario's shareholders approved the merger at a special meeting Tuesday. With the close of the deal, Quinpario was renamed Exela Technologies Inc. The newly formed Excela is an industry-solutions provider for financial technology and business services with more than 3,500 blue-chip customers in 55 countries. The...