Mark Angelson

MONTRÉAL—As expected, this week World Color Press received final approval from the Québec Superior Court (Commercial Division) for its "plan of arrangement," clearing the way for it to be acquired by Quad/Graphics. The companies also announced the terms of the share exchange for Worldcolor stock holders.

The combined company boasts aggregate sales of $5.1 billion for the fiscal year ending Sept. 30, 2009. Together, the firm will have nearly 30,000 employees, though that figure is expected to decline during the integration process.

Concurrent with the closing of the transaction, Quad/Graphics intends to become a publicly traded company. Joel Quadracci to lead the expanded company as Chairman, President and CEO.

Many unanswered questions remain, so stay tuned. Here are some of the remarks made by Mark Angelson, Worldcolor CEO, and Joel Quadracci, chairman, president and CEO of Quad/Graphics, during Tuesday's investor call.

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