EDITOR'S notebook

Look for more mega-deals, as well as mergers of equals on a regional basis.

Last year ended with the acquisition of prepress and creative design house Seven Worldwide (formerly Applied Graphics Technologies) by Schawk Inc. for $191 million in cash and stock. Although there can't be a transaction the magnitude of Donnelley's 2004 coupling with Moore Wallace, look for at least one blockbuster deal in 2005 that pairs household names or sees an industry giant (Quebecor World, perhaps?) sell off some of its print assets.