LSC stockholders voted to adopt the merger agreement and approve the previously announced combination with Quad/Graphics, Inc.
Quad shareholders voted to approve the issuance of the Company’s class A common stock in connection with the acquisition of LSC.
LSC is very pleased with its free cash flow generation in the fourth quarter, despite continued challenging industry conditions.
Quad/Graphics has completed the third amendment to its original senior secured credit facility to help finance its acquisition of LSC.
LSC will provide print manufacturing, distribution and postal optimization services for the six sports titles from H.O. Zimman.
Under the new agreement, LSC will begin providing book fulfillment and distribution services in 2019 for Elsevier’s US markets.
LSC will provide a range of distribution services for the United Church of Canada from LSC’s Newmarket, Ontario location.
Wall Street analysts hate Quad’s proposed purchase of LSC because they don’t understand the deal; publishers hate it because they do.
Quad/Graphics will acquire LSC Communications in an all-stock deal valued at $1.4 billion to create a combined $8 billion company.
The Q2 financial results from LSC Communications reveal that the company experienced some positive growth when compared to Q2 of 2017.