St. Ives Closes on Avanti/Case-Hoyt Deal

NEW YORK—The reports of M&A's demise do appear to be exaggerated.

St. Ives plc of London, a European print leader with American divisions in Cleveland and Hollywood, FL, announced it has acquired the outstanding common stock of Avanti Press and its subsidiary, the Case-Hoyt Corp., for a cash consideration of $42 million.