LAKESIDE BOOK COMPANY AND ALJ REGIONAL HOLDINGS, INC. ENTER INTO DEFINITIVE AGREEMENT FOR THE ACQUISITION OF PHOENIX COLOR

WARRENVILLE, Ill. and NEW YORK, Feb. 4, 2022 /PRNewswire/ -- Lakeside Book Company ("Lakeside") and ALJ Regional Holdings, Inc. (NASDAQ: ALJJ) ("ALJ") jointly announced today that they have entered into a definitive agreement for Lakeside's acquisition of all of the issued and outstanding shares of common stock of ALJ's wholly-owned subsidiary Phoenix Color Corp. ("Phoenix"). Headquartered in Hagerstown, Maryland, Phoenix is a specialty printer of book components, children's books, and other print-related products with printing facilities in Indiana and Maryland.