One Step Closer: RRD Acquisition of CGX Passes Antitrust Act
CHICAGO and HOUSTON—December 16, 2013—R. R. Donnelley & Sons Company (Nasdaq:RRD) and Consolidated Graphics (NYSE:CGX) jointly announced today the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR") in connection with the previously announced merger agreement under which RR Donnelley will acquire all of the outstanding common stock of Consolidated Graphics. The waiting period expired on Friday, December 13.
Expiration of the HSR waiting period satisfies one of the conditions to the closing of the proposed merger, which remains subject to approval by the shareholders of Consolidated Graphics and other customary
closing conditions. The transaction is expected to close in the first quarter of 2014.
About RR Donnelley
RR Donnelley (Nasdaq:RRD) is a global provider of integrated communications. The company works collaboratively with more than 60,000 customers worldwide to develop custom communications solutions that
reduce costs, drive top-line growth, enhance ROI and increase compliance. Drawing on a range of proprietary and commercially available digital and conventional technologies deployed across four continents, the company employs a suite of leading Internet-based capabilities and other resources to provide premedia, printing, logistics and business process outsourcing services to clients in virtually every private and public sector.
About Consolidated Graphics
Consolidated Graphics (NYSE:CGX), headquartered in Houston, is one of North America's leading general commercial printing companies. With 70 printing businesses strategically located across 26 states, Toronto, Prague, and Gero, Japan, CGX offers a broad geographic footprint, leading-edge capabilities, and high levels of convenience, efficiency and service. With locations in or near virtually every major U.S. population center, CGX provides the service and responsiveness of a local printer enhanced by the economic, geographic and technological advantages of a large national organization.
Source: RRD.
- Companies:
- Consolidated Graphics
- RR Donnelley