Cadmus Reorganizes, Sells Off Two Divisions

In fiscal 1998, revenues for the divested business were approximately $43 million. The transaction does not include Cadmus' other Charlotte-based businesses: Specialty Packaging & Promotional Printing and Direct Marketing.

Following the close of the transaction, the facilities will operate as part of Donnelley Financial, one of R.R. Donnelley's fastest-growing business units.