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Printer moves forward with aggressive three-year strategy to transform book platform
February 6, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
Quad/Graphics, Inc. announced that its agreement to acquire Courier Corporation has been terminated. Under terms of a definitive agreement signed with Courier on Jan. 16, 2015, Quad/Graphics would have paid Courier shareholders the equivalent of a total purchase price of $20.50 per share. On Jan. 27, 2015, Courier received an unsolicited offer from RR Donnelley of $23.00 per share in cash or stock, subject to pro ration. Quad/Graphics declined to negotiate further. Accordingly, Courier termi...
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