Expected Fallout From Quad, Worldcolor Deal —Michelson

TALK ABOUT an expensive lunch. What began with Joel Quadracci and Mark Angelson sharing a meal last August to weigh the benefits of combining their respective organizations, has culminated in a deal valued at more than $1.3 billion. That's the price tag analysts have placed on the proposed acquisition of Worldcolor by Quad/Graphics, which is expected to close sometime this summer in tandem with the privately held Quad going public. Combined, the $5.1 billion behemoth will constitute nearly 30,000 employees and more than 60 production facilities in the United States, Canada, South America and Poland.