Dixon and his former Colographic colleagues Mike Hunter and Rick Taylor are attempting to buy Howitt as a going concern.
It was hoped that a deal could be hammered out by the end of the day on Tuesday, but negotiations were continuing today (Wednesday 4 February).
By 6.15pm the deal was apparently close to being concluded, subject to the satisfaction of lawyers acting for the various involved parties.
Its understood that if their plan comes to fruition Dixon would become chief executive, Taylor finance director and Hunter non-executive chairman.
News of the trios involvement has been well-received by the firms employees, according to sources close to the company. Morale is very high this is a very credible set of people.
Have your say in the Printweek Poll
Related stories
Latest comments
"And here's me thinking they bought the Docklands Light Railway."
"15 x members? Why don't they throw their lot in with the Strategic Mailing Partnership (SMP) and get a louder voice?"
"Some forty plus years ago I was at a "sales" training seminar and got chatting to the trainer after the session had finished.
In that conversation he told me about another seminar he had..."
Up next...
Customer demand increasing
A4 Laser Labels expands with larger site and kit investment
Price rises in US 'to at least partially offset' costs
Cimpress withdraws guidance due to Trump's tariffs
Proceeds to be invested in growth strategy
James Cropper sells some specialist IP
Making changes to limit tariff impact in US