Expected Fallout From Quad, Worldcolor Deal —Michelson
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In announcing the deal, executives estimated that the combination will result in at least $225 million in annual savings within 24 months. The cost savings will be achieved through an integration process that entails plant closures and staff reductions, as well as by garnering greater volume discounts on consumable purchases like paper and ink.
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- Companies:
- Quad/Graphics
- QuadTech Inc.
- People:
- Joel Quadracci
- Mark Angelson
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