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ntertape Polymer Group Inc.

11:37 AM EST - ntertape Polymer Group Inc. : announced the acquisition of RJM Manufacturing, Inc. a manufacturer of filament and pressure sensitive tapes. All amounts are denominated in U.S. dollars. TaraTape revenue for the most recently completed fiscal year was approximately $20 million. The purchase price of $11.0 million was financed with funds from the Company's revolving credit facility. Intertape Polymer Group Inc. shares T.ITP are trading down $0.06 at $15.02.