Undaunted Cenveo Lands Cadmus

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 peacefully negotiating around the holiday season.

The result for the chairman and CEO of Cenveo was a negotiated agreement to purchase Cadmus Communications, of Richmond, VA, for $24.75 per share, or $430 million. The transaction has been approved by the boards of directors for both companies and, pending approval of Cadmus’ shareholders, is expected to close in the first quarter.