S&P Drops Quad/Graphics (QUAD) to 'BB-'; Cites Increased Adjusted Leverage
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Quad/Graphics, Inc. (QUAD) to Acquire Printing, Media Solutions Provider, Brown Printing Company
April 7, 2014 7:18 AM EDTQuad/Graphics, Inc. (NYSE: QUAD) and Brown Printing Company jointly announced a definitive agreement whereby Quad/Graphics will acquire Brown, which serves premier publishers and catalogers with printing, distribution and integrated media solutions. The acquisition will enhance Quad/Graphics position as a leader in the printing industry.
The transaction is subject to customary regulatory clearances and is expected to close in the second half of 2014. Both Quad/Graphics board of directors and Browns parent company Gruner + Jahr and its shareholders approved the transaction.
Quad/Graphics is purchasing Brown for $100... More
Quad/Graphics, Inc. (QUAD) Affirms FY14 Outlook; Does Not Include Impact from Brown Printing Acquisition
April 7, 2014 7:17 AM EDTQuad/Graphics, Inc. (NYSE: QUAD) announced it is reaffirming its 2014 annual guidance for net sales, Adjusted EBITDA and Free Cash Flow.
For the year ending December 31, 2014, the Company reaffirms:
-- Net sales to be in the range of $4.6 billion to... More
