Donnelley Beats Holiday Rush; Acquires CGX

Under the terms of the transaction, Consolidated Graphics shareholders will receive a combination of $34.44 in cash and a fixed exchange ratio of 1.651 RR Donnelley shares for each outstanding share of Consolidated Graphics they own or $62 per share based on RR Donnelley's closing share price on Oct. 23. This consideration represents a transaction value of approximately $620 million, plus the assumption of Consolidated Graphics' net debt.