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Quad/Graphics Inc To Acquire Vertis Holdings, Inc


Wednesday, 10 Oct 2012 04:34pm EDT 

Quad/Graphics Inc and Vertis Holdings, Inc announced the execution of an agreement through which Quad/Graphics will acquire substantially all of the assets comprising Vertis’ businesses for $258.5 million, which includes the payment of approximately $88.5 million for current assets that are in excess of normalized working capital requirements. Upon completion, the acquisition will enhance Quad/Graphics’ position in the production of retail advertising inserts, direct marketing and in-store marketing solutions while providing continuity, financial stability and continued business investment for Vertis’ clients and employees. 

Company Quote

21.79
-0.31 -1.40%
10 Jul 2014