Joel Quadracci Rings The Opening Bell at NYSE to Mark Quad/Graphics' Listing
NEW YORK—07/07/2010—Quad/Graphics, Inc. (NYSE-Listed QUAD) visits the NYSE to celebrate the company’s recently completed acquisition of World Color Press Inc. and listing on the the New York Stock Exchange (NYSE). In honor of the occasion, Chairman, President and CEO, Joel Quadracci rang The Opening Bell.
Quad/Graphics’ listing was not an IPO. Typically, IPOs are used for raising cash. Quad/Graphics did not go public to raise cash, but rather to facilitate a stock exchange with Worldcolor to complete the acquisition. Pursuant to the arrangement agreement, each Worldcolor common share was converted into the right to receive 0.2154 shares of class A common stock of Quad/Graphics upon completion of the arrangement.
About Quad/Graphics, Inc.
With its July 2010 acquisition of Worldcolor, Quad/Graphics has become a $4.8 billion global provider of print and related multichannel solutions for consumer magazines, special interest publications, catalogs, retail inserts and circulars, direct mail products, books and directories. The company has approximately 28,000 employees working from more than 80 locations in North America, Latin America and Europe.
Quad/Graphics is redefining the power of print in today’s multimedia world. Its clients use print as the foundation of multichannel communications strategies to drive their top-line revenues. In this new world of ink on paper, it helps its clients create targeted, relevant print messages and connect them with other forms of media. Using our industry-leading technology, our print and digital media experts help clients send the right message to the right people at the right time.
Its business approach is based on the world’s most advanced print manufacturing platform backed up by technological innovation and financial stability to give us the wherewithal to constantly reinvest in our platform. This model provides everything a publisher, cataloger, mailer or marketer needs to build its business: front-end design and photography; digital premedia, including Web-based solutions; world-class printing, finishing and mailing/distribution operations; data-driven marketing solutions such as data optimization and analytics; mail list technologies; digital publishing solutions; logistics services; and more.