Consolidated Graphics Joe R. Davis

The commercial printing industry's leading consolidators share their criteria for the art of the deal. BY ERIK CAGLE When one of our industry's acquisitions is among the top financial stories on "CNN," it becomes readily apparent that the world of commercial printing consolidation is heating up rather than slowing down. The highly anticipated deal that saw Quebecor Printing purchase one of the industry's leading consolidators, World Color Press, for $1.4 billion in cash and stock on July 12, was met by a lot of oohs and aahs. It was an impressive post-Fourth of July fireworks display, to be sure, even though many in the