Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
Quad/Graphics' management believes the deal will generate US$225 million in pre-tax net annualized synergies within 24 months.
Under terms of the acquisition by Quad, Worldcolor shareholders will receive approximately 40 percent of the outstanding shares of Quad/Graphics at closing and Quad/Graphics shareholders will hold approximately 60 percent of the shares. Worldcolor common shares will be converted after a multi-step transaction into Class A shares of Quad/Graphics, at a share exchange ratio to be determined at closing. Worldcolor convertible preferred shares may either be converted to Worldcolor common shares or redeemed for cash at $8 per share.
0 Comments
View Comments
- People:
- Joel Quadracci
- Mark Angelson
Related Content
Comments