Printer Quad/Graphics To Acquire Former Quebecor

Law360, New York (January 28, 2010, 3:33 PM EST) -- Six months after emerging from bankruptcy, Canadian printing giant World Color Press Inc., formerly Quebecor World Inc., is planning to be acquired by Quad/Graphics Inc. in a deal expected to close sometime this summer.

The Sussex, Wis.-based Quad/Graphics, already the United States’ largest privately held printer, said it expected the move to generate approximately $225 million (CA$239.45 million) in pretax net annualized synergies within the first two years, according to a joint statement issued Tuesday.

Quad/Graphics said it would shift to a publicly held firm upon...
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