Cenveo Quietly Acquires Cadmus Communications
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STAMFORD, CT—It was almost too easy. After a trio of proxy and near-proxy battles over the past two years, Bob Burton found himself negotiating peacefully around the holiday season.
The result for the chairman and CEO of Cenveo was an agreement to purchase Cadmus Communications of Richmond, VA, for $24.75 per share, or $430 million. The transaction has been approved by both companies’ board of directors and, pending approval of Cadmus’ shareholders, is expected to close in the first quarter.
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- Cenveo Graphic Arts Center
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