Friday, November 20, 2015 10:30 am

STAMFORD, Conn. -- Cenveo announced this week that it has been actively marketing the sale of its packaging business to multiple strategic parties.

The company said that as of the end of the third quarter, management has been given the appropriate authority to move forward with these strategic parties on a potential sale of the packaging business; therefore, the assets, liabilities, operations and cash flows of the packaging business have been reclassified as discontinued operations for all periods presented.

While there can be no assurance that Cenveo will ultimately reach an agreement with any of the strategic parties or as to the timing of reaching such agreement, the company said it believes that it will do so in the near term given its significant progress to date.