Key Developments: Quad/Graphics Inc (QUAD.N)
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Latest Key Developments (Source: Significant Developments)
Quad/Graphics Inc Declares Quarterly Dividend
Quad/Graphics Inc announced that its Board of Directors approved a quarterly dividend of $0.30 per share payable on June 21, 2013, to shareholders of record as of June 10, 2013. Full Article
Quad/Graphics Inc Reaffirms FY 2013 Guidance
Quad/Graphics Inc announced that it reaffirms fiscal 2013 guidance of $4.8 billion to $5.0 billion in revenue and $580 million to $610 million in Adjusted EBITDA. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $4.9 billion and EBITDA of $593 million for fiscal 2013. Full Article
Quad/Graphics Inc Declares Quarterly Cash Dividend
Quad/Graphics Inc announced that it has increased 2013 quarterly cash dividend by 20% to $0.30 per share. This dividend will be payable on March 29, 2013, to shareholders of record as of March 18, 2013. Full Article
Quad/Graphics Inc Issues FY 2013 Guidance In Line With Analysts' Estimates
Quad/Graphics Inc announced that for fiscal 2013, it anticipates revenue, which will now include Vertis, to be approximately $4.8 billion to $5.0 billion and adjusted EBITDA to be $580 million to $610 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $5.0 billion and EBITDA of $604 million for fiscal 2013. Full Article
Quad/Graphics Inc Completes Acquisition Of Vertis Holdings Inc
Quad/Graphics Inc announced that it has completed its acquisition of substantially all of the assets of Vertis Holdings Inc., for a net purchase price of $170 million. This assumes the purchase price of $267 million less the payment of $97 million for current assets that are in excess of normalized working capital requirements. Quad/Graphics used cash on hand and drew on its revolving credit facility to finance the acquisition. The Company expects the acquisition of Vertis to strengthen and expand its client offering with: An enhanced range of products, services and revenue-generating solutions; Expanded industry vertical expertise; Increased manufacturing flexibility and distribution efficiencies from an extended geographic footprint; and New opportunities to help clients realize mailing and distribution cost-savings from the combined volumes and capabilities of the two companies. Full Article
Quad/Graphics Inc Increases Quarterly Cash Dividend
Quad/Graphics Inc announced that its board of directors approved an increase to its 2013 quarterly cash dividend by 20% to $0.30 per share from $0.25 per share. In addition, the board of directors also declared a special dividend of $2 per share. The 2013 quarterly cash dividend of $0.30 per share is subject to board approval and begins with the first quarter of 2013. The special dividend will be payable on December 28, 2012, to shareholders of record as of December 24, 2012. Full Article
Quad/Graphics Inc Declares Quarterly Dividend
Quad/Graphics Inc announced an quarterly dividend of $0.25 per share will be payable on December 14, 2012, to shareholders of record as of December 3, 2012. Full Article
Quad/Graphics Inc To Acquire Vertis Holdings, Inc
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. Full Article
Quad/Graphics Inc Declares Dividend
Quad/Graphics Inc announced that an quarterly dividend of $0.25 per share will be payable on September 21, 2012, to shareholders of record as of September 10, 2012. Full Article
Quad/Graphics Inc Announces Quarterly Dividend
Quad/Graphics Inc announced that the quarterly dividend of $0.25 per share will be payable on June 22, 2012, to shareholders of record as of June 11, 2012. Full Article
UPDATE 1-Transcontinental Inc's adjusted profit rises on acquisition
* Says weak ad spending will continue to hurt media business
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