CGX Swings Deal for PBM Graphics

The acquisition is expected to be accretive to fiscal year 2009 earnings per share. Terms of the deal were not disclosed. PBM was founded in 1983 by Terry Pegram, who along with his management team will continue to direct the facility.

In addition to card products, PBM manufactures educational, pharmaceutical and marketing materials, along with other general commercial goods. The printer also provides packaging and fulfillment services.