Quad/Graphics, Inc. Sussex, Wis. These forward-browsing statements relate to, amongst other things, the proposed transaction between Quad/Graphics and LSC Communications and come with expectations, estimates and projections concerning the business and operations, strategic initiatives and cost advent plans of Quad/Graphics and LSC Communications. The business services provider earns $8. District Court in northern Illinois, which seeks to block the sale of LSC Communications to Wisconsin-based Quad Graphics, cites alleged antitrust violations pertaining to the Clayton Act. — Moody’s says Termination of LSC Communications merger will not impact Quad’s ratings and negative outlook” and dated July 24, 2019. ^ "Quad/Graphics to Acquire Mexican Printing Assets From and Sell Canadian Assets to Transcontinental Press Release". 4 billion deal, with Foley. Quad doesn't have enough book capacity to take all of LSC's Book production. (NYSE: LKSD) (“LSC Communications”) today announced that at a special meeting held on February 22, 2019, its stockholders voted to adopt the. ("LSC") have mutually agreed to terminate their merger agreement pursuant to which Quad would have acquired. 4 billion, but the transaction is not. 31 that their boards of directors have approved a deal to have Wisconsin-based Quad acquire LSC Communications in an all-stock transaction valued at approximately $1. Quad Investor Relations Contact Kyle Egan Director of Investor Relations and Assistant Treasurer, Quad/Graphics 414-566-2482 kegan@quad. , Justia Dockets & Filings provides public litigation records from the federal appellate and district. 31, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against LSC Communications, Inc. 4 billion merger with fellow. 4 billion merger on Tuesday, a month after the U. 625 (QUAD) exchange ratio. and LSC Communications has agreed to terminate their proposed merger, costing Sussex-based Quad a termination fee of $45 million. Quad/Graphics, a Wisconsin corporation, and LSC Communications, a Delaware…. Company's Continued Quad 3. More than 70% of the LSC Communications outstanding shares, and more than 98% of the shares voted, voted in favor of the merger with Quad/Graphics. The Department of Justice filed a civil antitrust lawsuit today seeking to block Quad/Graphics Inc. 4 billion merger on Tuesday, a month after the U. 4 billion merger, a month after the U. LSC Communications Inc and Quad/Graphics terminated their $1. ("LSC") have mutually agreed to terminate their merger agreement pursuant to which Quad would have acquired LSC. The business is involved with traditional and digital print, and is being acquired by competitor, Quad/Graphics Inc. 2 billion in 2018. The Department of Justice announced today that Quad/Graphics Inc. , a Delaware corporation. 4 billion, including the refinancing of LSC Communications' debt. Shares of LSC were down to $2. 2 Big Book and Magazine Printers Face Suit to Block Their Merger. July 23, 2019. and LSC Communications have agreed to terminate their proposed merger, costing Sussex-based Quad a termination fee of $45 million. have mutually agreed to terminate the merger deal. (NYSE: LKSD) (“LSC Communications”) today announced that at a special meeting held on February 22, 2019, its stockholders voted to adopt the. ("Quad") (NYSE:QUAD). Faced with an antitrust lawsuit brought by the federal government, printing giants Quad/Graphics and LSC Communications. LSC Communications Printing. 4 billion merger of the nation's two largest printers. 4 billion purchase of Chicago firm. Quad Graphics, Inc. Quad and LSC decided to call off the merger last week. LSC, Quad/Graphics abandon $1. regard to its $1. (Reuters) - LSC Communications Inc and Quad/Graphics have terminated their $1. (“Quad/Graphics”), QLC Merger Sub, Inc. 4 billion merger plans thanks to stiff opposition from the Department of Justice, which. These forward-looking statements relate to, among other things, the proposed transaction between Quad/Graphics and LSC Communications and include expectations, estimates and projections concerning the business and operations, strategic initiatives and value creation plans of Quad/Graphics and LSC Communications. and LSC Communications has agreed to terminate their proposed merger, costing. Jul 23, 2019 · LSC Communications Announces Termination of Merger Agreement With Quad/Graphics Provides Preliminary Results for Second Quarter 2019 and Updates Full Year 2019 Guidance Board Determines to Suspend. 4 billion, including the refinancing of LSC Communications' debt. Quad/Graphics, Inc. Quad/Graphics and LSC Communications and their respective directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of. Under the terms of the M&A agreement announced by Quad and LSC on Oct. Q4 EARNINGS PER SHARE $1. A news came out on 07/23/19 stating that LSC Communications Announces Termination of Merger Agreement With Quad/Graphics by WSJ. 31 that their boards of directors have approved a deal to have Wisconsin-based Quad acquire LSC Communications in an all-stock transaction valued at approximately $1. Justice Department filed a lawsuit against the deal. Sussex, Wis. APO APO stock Apollo Apollo stock Arconic Arconic stock ARNC ARNC stock CARS cars stock cars. The combined company—assuming. (NYSE: LKSD) and Quad/Graphics, Inc. Provides Preliminary Results for Second Quarter 2019 and Updates Full Year 2019 GuidanceBoard Determines to Suspend DividendCHICAGO--(BUSINESS WIRE)-- LSC Communications, Inc. Jul 23, 2019 · Under pressure from a federal antitrust lawsuit, Chicago-based LSC Communications and rival Quad-Graphics agreed to terminate the proposed $1. for approximately $8 billion. 4 billion merger on Tuesday, a month after the U. Quad/Graphics also will discuss its third quarter financial results on this call. The Department of Justice announced today that Quad/Graphics Inc. Terms of the Quad/Graphics, LSC Transaction. By Caslee Sims and Siobhan McGirl | LSC was purchased by Quad Graphics in the fall of 2018. in its definitive agreement with Quad/Graphics, Inc. Justice Department is suing to stop the proposed $1. These forward-browsing statements relate to, amongst other things, the proposed transaction between Quad/Graphics and LSC Communications and come with expectations, estimates and projections concerning the business and operations, strategic initiatives and cost advent plans of Quad/Graphics and LSC Communications. The company earns $-23,000,000. 4 billion acquisition of competitor LSC Communications. 2 Big Book and Magazine Printers Face Suit to Block Their Merger. 4 billion merger with fellow. The decline follows the announcement that the company was acquiring print and digital media solutions company LSC Communications (NYSE: LKSD). and LSC Communications approved a definitive agreement in which Quad/Graphics will acquire LSC Communications in an all-stock transaction valued at approximately $1. By using this site, you consent to our use of cookies. LSC Communications, Inc. , whereby Quad will acquire LSC Communications in an all-stock transaction valued at approximately $1. Feb 01, 2019 · Bloomberg the Company & Its Products Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Terminal Demo Request. LSC also has a significant publishing capability. (“LSC Communications” or the “Company”) (NYSE: LKSD) stock prior to October 31, 2018. CHICAGO--(BUSINESS WIRE)--LSC Communications, Inc. The purchase was expected to double Quad's business overall, primarily in magazines, catalogs, retail inserts and books. Provides Preliminary Results for Second Quarter 2019 and Updates Full Year 2019 GuidanceBoard Determines to Suspend DividendCHICAGO--(BUSINESS WIRE)-- LSC Communications, Inc. ("LSC " or the "Company") (NYSE: LKSD) for possible breaches of fiduciary duty related to the sale of the company Quad/Graphics, Inc. Sam has 2 jobs listed on their profile. In a May 7 posting on the Dead Tree Edition website , the expert but anonymous D. WASHINGTON — LSC Communications Inc and Quad/Graphics terminated their $1. CT to discuss the business combination. The most recent news story about the stock that appeared in Yahoo Finance's news section was titled "Quad/Graphics, Inc. in order to preserve competition in the markets for magazine, catalog, and book printing services in the United States. as part of an effort to diversify its core printing business and capture a greater share of marketers' budgets. The company’s policy is not to unlawfully discriminate against any applicant or employee on the basis of race, color, sex, sexual orientation, gender identity, religion, national origin, age, military or veteran status, disability, genetic information or any other consideration made unlawful by applicable federal, state or local. Quad/Graphics, a worldwide marketing solutions partner, has announced that Quad and LSC Communications (LSC) have mutually agreed to terminate their merger agreement pursuant to which Quad would have acquired LSC. Loading Close. 4 billion, including the refinancing of LSC. 7% of votes cast by holders of company's class a and class b. Department of Justice (the “DOJ”) and the U. Quad/Graphics could nearly double in size with $1. QUAD closed down 4. 4 billion, including the refinancing of LSC Communications' debt. 4 billion merger on Tuesday, a. LSC Communications, Inc. Justice Department filed a lawsuit against the deal. The companies said their boards have both approved the agreement. The business services provider earns $8. quad and lsc communications mutually agree to terminate merger agreement tuesday, 23 jul 2019. Quad/Graphics will acquire LSC Communications in an all-stock transaction with an approximated value of $1. Jun 24, 2019 · The U. (“Quad”), QLC Merger Sub, Inc. 4 bln merger after DoJ lawsuit Fidelity - Merger and Acquision News. The acquisition of LSC Communications by Quad/Graphics Inc. Offsetting this, it had US$12. — Quad/Graphics, Inc. LSC Communications US, LLC (Maple Grove, MN) LSC Communications US, LLC. 4 billion merger on Tuesday, a month after the U. LSC Communications, Inc. Quad Graphics, Inc. Quad Graphics and LSC Communications to Merge. 4 billion merger, a month after the U. Quad/Graphics will acquire LSC Communications in a transaction that is expected to close next year. and LSC Communications Inc. 1 billion, publicly-held company as the result of a whopping $1. LSC Communications, Inc. The Department of Justice filed a civil antitrust lawsuit today seeking to block Quad/Graphics Inc. NYSE:QUAD Historical Debt, July 17th 2019 How Strong Is Quad/Graphics’s Balance Sheet? According to the last reported balance sheet, Quad/Graphics had liabilities of US$758. and LSC Communications, Inc. The Justice Department filed a lawsuit to block Quad/Graphics's planned $1. LSC shares touched a record low of $2. Quad/Graphics Inc. Quad/Graphics, Inc. The Department of Justice squashed a billion-dollar merger between Quad/Graphics and LSC Communications as the companies announced Tuesday they are abandoning plans to merge. Quad only has 2% of the book market compared to LSC's 12%. Community-created profile of Quad/Graphics, Inc. 4 billion merger on Tuesday, a month after the U. JUNE 21 UPDATE: Quad says it will "vigorously defend" the proposed acquisition despite Justice's objections. WASHINGTON (Reuters) - LSC Communications Inc and Quad/Graphics terminated their $1. 03% of the stock’s price from yesterday’s market close. Justice Department filed a lawsuit to block the deal, sending LSC shares down 36%. 16% plunged 38% Tuesday to pace all NYSE decliners, after the print and digital media services company said the deal to be acquired by Quad/Graphics Inc. (CBS 58) -- Sussex-based printing company Quad Graphics has decided to cancel its anticipated merger with LSC Communications. 4 billion, including the refinancing of LSC Communications' debt. Quad/Graphics had said in October it would buy LSC Communications in an all-stock deal. The Company's service offering includes e-services, warehousing and fulfillment and supply chain management. and LSC Communications approved a definitive agreement in which Quad/Graphics will acquire LSC Communications in an all-stock transaction valued at approximately $1. antitrust suit WASHINGTON, July 23 (Reuters) - LSC Communications Inc and Quad/Graphics terminated their $1. Quad/Graphics will hold a joint conference call and webcast with LSC Communications today at 8:30 a. Justice Department. LSC Communications to close in Lynchburg, leaving more than 300 without a job. Justice Department is suing to stop the proposed $1. Shares of LSC were down to $2. is being challenged by a shareholder who filed a lawsuit last week in U. By using this site, you consent to our use of cookies. (NYSE: LKSD) ("LSC Communications"), a leader in print and digital media solutions, today announced that their boards of directors have approved a definitive agreement whereby Quad will acquire LSC Communications in an all-stock transaction valued at. have abandoned their planned merger. WASHINGTON (Reuters) - LSC Communications Inc and Quad/Graphics terminated their $1. Printing and marketing solutions firm Quad/Graphics Inc. Contents: The combination of Quad and LSC Communications is a natural and strategic fit. (QUAD) was terminated, afer the Department of Justice filed a lawsuit against Quad regarding the proposed buyout. Press release from the issuing company. (LSC) have mutually agreed to terminate their merger agreement pursuant to which Quad would have acquired LSC. LSC Communications and Quad/Graphics have agreed to combine in an all-stock transaction, creating a highly efficient print platform that strengthens the role of print in a multichannel media world. 31, 2018, 10:00 a. and LSC Communications Inc. GLASGOW – LSC Communications and Quad/Graphics announced last week that Quad plans to acquire LSC Communications in an all-stock transaction valued at $1. Find real-time QUAD - Quad/Graphics Inc stock quotes, company profile, news and forecasts from CNN Business. These forward- looking statements relate to, among other things, the proposed transaction between Quad/Graphics and LSC Communications and include expectations, estimates and projections concerning the business and operations, strategic initiatives and value creation plans of Quad/Graphics. ’s proposed acquisition of LSC Communications Inc. SUSSEX — Under pressure from a federal antitrust lawsuit, two rival printing giants, Chicago-based LSC Communications and Quad/Graphics, have agreed to terminate their. Morgan turns bearish MarketWatch. Quad/Graphics has secured a financing commitment from JPMorgan Chase Bank N. It was founded on July 13, 1971, by Harry and Elizabeth Quadracci. Mega-printers LSC Communications Inc. printer by revenue if it closes on its $1. The Department of Justice announced today that Quad/Graphics Inc. When analyzing the publishing sector as a whole, according to Mergr, in the last 3 years, there are 76 publishing companies that have made at least 1 acquisition, and 4 have acquired at least 5 companies. 31 that their boards of directors have approved a deal to have Wisconsin-based Quad acquire LSC Communications in an all-stock transaction valued at approximately $1. 4 billion merger plans thanks to stiff opposition from the Department of Justice, which. (NYSE: QUAD) ("Quad" or the "Company"), a worldwide marketing solutions partner, announced today that Quad and LSC Communications, Inc. ("LSC") have mutually agreed to. (“LSC”) entered into that certain Agreement and Plan of Merger (the “Merger Agreement”), by and among Quad/Graphics, Inc. 4 billion, but the transaction is not. Quad/Graphics does not assume any obligation to update the information contained in this communication (whether as a result of new information, future events or otherwise), except as required by. Benefits information above is provided anonymously by current and former LSC Communications employees, and may include a summary provided by the employer. LSC Communications has facilities in Strasburg and Harrisonburg. LSC shares touched a record low of $2. (NYSE: LKSD) ("LSC") today announced that LSC and Quad/Graphics, Inc. 4 billion in stock. — Moody's says Termination of LSC Communications merger will not impact Quad's ratings and negative outlook" and dated July 24, 2019. LSC Communications to close in June, leaving more than 350 without a job Company plans to close completely by end of June. Donnelley as a standalone printing and manufacturing company, LSC Communications has agreed to be acquired by Quad/Graphics in an all-stock deal valued at $1. have abandoned their planned merger following its suit filed on June 20, 2019, to block the merger, the Department of Justice announced today. 50 million in net income (profit) each year or $1. Quad/Graphics, Inc. WASHINGTON — LSC Communications Inc and Quad/Graphics terminated their $1. Quad/Graphics (NYSE:QUAD) has reached a deal to acquire another "troubled" marketing solutions provider, LSC Communications (LKSD), in a deal which values the latter at $1. july 23 (reuters) - quad/graphics inc ::quad and lsc communications mutually agree to terminate. 10,001+ employees. July 23 (Reuters) - Quad/Graphics Inc ::QUAD AND LSC COMMUNICATIONS MUTUALLY AGREE TO TERMINATE MERGER AGREEMENT. 4 billion, but the transaction is not. LSC Communications and Quad/Graphics have agreed to combine in an all-stock transaction, creating a highly efficient print platform that strengthens the role of print in a multichannel media world. printer by revenue if it closes on its $1. LSC Communications US, LLC (Maple Grove, MN) LSC Communications US, LLC. Department. LSC and Quad abandon merger plans Office Products International - News; LSC Communications' stock plunges to pace NYSE losers after Quad/Graphics buyout deal terminated Wall Street Journal - Marketwatch - MarketPulse; LSC Communications, Quad/Graphics terminate $1. LSC Communications, Inc. View Additional Information About Quad/Graphics. “We are pleased to have completed an amendment to our Revolver, TLA and TLB facilities, which provides us with the appropriate liquidity and structural flexibility to complete our pending acquisition of LSC, and maintain a strong, flexible balance sheet,” said Dave Honan, Quad/Graphics Executive Vice President and Chief Financial Officer. Quad/Graphics, a Wisconsin corporation, and LSC Communications, a Delaware…. (NYSE: QUAD) ("Quad/Graphics" or "Quad"), a leading marketing solutions provider, and LSC Communications, Inc. Quad and LSC decided to call off the merger last week. The transaction, according to the Justice Department would combine the only two significant providers of magazine, catalog, and book printing services. 4 billion merger after U. Terms of the Quad/Graphics, LSC Transaction. (NYSE: These forward-looking statements relate to, among other things, the proposed transaction between LSC and Quad/Graphics and include expectations, estimates and. LSC Communications Announces Termination of Merger Agreement With Quad/Graphics LSC Communications, Inc. Q4 EARNINGS PER SHARE $1. (NYSE: QUAD) ("Quad/Graphics" or "Quad"), a leading marketing solutions provider, and LSC Communications, Inc. (NYSE:LKSD) ("LSC") today announced that LSC and Quad/Graphics, Inc. As of Sept. 001-37729) This filing relates to the proposed transaction between Quad/Graphics, Inc. Quad Graphics, Inc (QUAD) and LSC Communications (LKSD) agreed to terminate their merger deal and Quad will pay LSC a termination fee of $45 million. 31 that their boards of directors have approved a deal to have Wisconsin-based Quad acquire LSC Communications in an all-stock transaction valued at approximately $1. Quad/Graphics will hold a joint conference call and webcast with LSC Communications today at 8:30 a. Subject Company: LSC Communications, Inc. (NYSE:QUAD) ("Quad") have mutually agreed to terminate the merger agreement (the "Agreement") pursuant. They will close some magazine plants and move the work to Wisconsin but most book plants of LSC will more than likely survive. com QUAD LSC Communications' Stock Plunges to Pace NYSE Losers After Quad/Graphics Buyout Deal Terminated. announced that LSC and Quad/Graphics, Inc. 0 Transformation Drives Increased Net Sales Company Expects to Complete Acquisition of LSC Communications, Inc. Quad intends to vigorously defend its proposed acquisition of LSC Communications in response to the DOJ's lawsuit seeking to block the acquisition. 23, while Quad/Graphics shares were up 11% at $8. Quad/Graphics, Inc. , a Delaware corporation and a direct, wholly-owned subsidiary of Quad, and LSC Communications, Inc. july 23 (reuters) - quad/graphics inc ::quad and lsc communications mutually agree to terminate. Promotional prints. 4 billion deal to acquire LSC Communications, a transaction that could nearly double the company's revenue, continue the consolidation. Quad/Graphics (NYSE:QUAD) has reached a deal to acquire another "troubled" marketing solutions provider, LSC Communications (LKSD), in a deal which values the latter at $1. ^ Milliot, Jim (1 November 2018). Federal Trade Commission pursuant to the Hart-Scott-Rodino Antitrust Improvement Act of 1976, as amended (the "HSR Act") on November 13, 2018. ("LSC") entered into that certain Agreement and Plan of Merger (the "Merger Agreement"), by and among Quad/Graphics, Inc. * quad shareholders approve issuance of shares in connection with its acquisition of lsc communications * quad/graphics inc - about 99. Terms of the Quad/Graphics, LSC Transaction. WASHINGTON (Reuters) - LSC Communications Inc and Quad/Graphics terminated their $1. quad and lsc communications mutually agree to terminate merger agreement tuesday, 23 jul 2019. Quad/Graphics, LSC Communications scrap merger in face of antitrust lawsuit. (NYSE: LKSD) (“LSC Communications”) today announced that at a special meeting held on February 22, 2019, its stockholders voted to adopt the. (“LSC”) entered into that certain Agreement and Plan of Merger (the “Merger Agreement”), by and among Quad/Graphics, Inc. 52% Jul-23-19 10:25AM LSC Communications' stock plunges to pace NYSE losers after Quad/Graphics buyout deal terminated MarketWatch -34. LSC Communications (Warsaw, IN) Golden Cylinder Awards 2017 Publication C2 Publication Supercalendered Retail Quad/Graphics, Inc. Quad Investor Relations Contact Kyle Egan Director of Investor Relations and Assistant Treasurer, Quad/Graphics 414-566-2482 kegan@quad. on Wednesday announced a $1. 22 in heavy trading, while Quad/Graphics shares were up 7. Provides Preliminary Results for Second Quarter 2019 and Updates Full Year 2019 GuidanceBoard Determines to Suspend DividendCHICAGO--(BUSINESS WIRE)-- LSC Communications, Inc. (NYSE: QUAD) ("Quad" or the "Company"), a worldwide marketing solutions partner, announced today that Quad and LSC Communications, Inc. The announcement comes after a federal anti-trust lawsuit. Justice Department filed a lawsuit to block the deal, sending LSC shares down 36% in afternoon trading. -- Moody's Says Termination of LSC Communications Merger Will Not Impact Quad's Ratings and Negative Outlook 23 days ago finance. LSC Communications appears in: Printing Services. 4 billion deal between Quad/Graphics and LSC Communications on. However, the announcement that Quad/Graphics is in the process of acquiring LSC Communications has the potential to transform the publication printing field. Hey guys, so the merger arbitrage opportunity involves acquisition candidate LSC Communications (ticker: LKSD). LSC Communications (Warsaw, IN) Golden Cylinder Awards 2017 Publication C2 Publication Supercalendered Retail Quad/Graphics, Inc. We are investigating the Board of Directors of LSC Communications, Inc. Shares of LSC Communications Inc. An LSC representative reported that Quad. The Company leverages its strong print foundation as part of a much larger, robust integrated marketing services platform that helps marketers and content creators improve the efficiency and effectiveness of their marketing spend across offline and online. Quad/Graphics, Inc. Quad (formerly Quad/Graphics) is an American printing company based in Sussex, Wisconsin. and LSC, pursuant to which, subject to the satisfaction or waiver of certain conditions, LSC would be merged with and into QLC Merger Sub, Inc. Eadward Tree again opined about the merger. 4 billion, including the refinancing of LSC Communications' debt. (NYSE: LKSD), a leader in print and digital media solutions, have approved a definitive agreement whereby Quad will acquire LSC Communications in an all-stock transaction valued at approximately $1. Last year Sussex-based Quad announced it would acquire Chicago-based LSC Communications in a massive $1. The company has 39 printing facilities in the United States, as well as facilities throughout Europe, Canada, and Latin America. 4 billion deal between Quad/Graphics and LSC Communications on. with the following peers – Quad/Graphics, Inc. Quad, a Sussex, Wisconsin-based provider of marketing products and services for the retail, publishing and health care industries, said the addition of Chicago-based LSC will boost the company's printing solutions business, bring in a broader client base and provide new revenue. businesswire. Quad Graphics to Close Plant. About Quad/Graphics. (NYSE: LKSD) ("LSC Communications”) today announced that at a special meeting held on February 22, 2019, its stockholders voted to adopt the merger agreement and approve. Quad/Graphics Europe Quad/Graphics Creative Solutions. 4 bln merger after DoJ lawsuit Fidelity - Merger and Acquision News. have mutually agreed to terminate the merger agreement (the "Agreement") pursuant to which Quad/Graphics would acquire LSC in an all-stock transaction valued at approximately $1. LSC is the former commercial printing business of RR Donnelley. The announcement comes after a federal anti-trust lawsuit. (NYSE: LKSD) and Quad/Graphics, Inc. com Quad Media Contact Claire Ho Manager of Corporate. Printing and marketing solutions firm Quad/Graphics Inc. plunged 38% Tuesday to pace all NYSE decliners, after the print and digital media services company said the deal to be acquired by Quad/Graphics Inc. Quad Investor Relations Contact Kyle Egan Director of Investor Relations and Assistant Treasurer, Quad/Graphics 414-566-2482 kegan@quad. and LSC Communications, Inc. LSC shares touched a record low of $2. com) location in Wisconsin, United States , revenue, industry and description. 4 billion, including the refinancing of LSC Communications' debt. 4 billion acquisition of competitor LSC Communications. ("LSC") have mutually agreed to terminate their merger agreement pursuant to which Quad would have acquired LSC. LSC Communications, Quad/Graphics. Justice Department is suing to stop the proposed $1. have abandoned their planned merger. (CBS 58) -- Sussex-based printing company Quad Graphics has decided to cancel its anticipated merger with LSC Communications. Department of Justice filed a lawsuit Thursday to block the acquisition of LSC Communications by Sussex-based Quad/Graphics Inc. Quad/Graphics could nearly double in size with $1. The Company's service offering includes e-services, warehousing and fulfillment and supply chain management. 625 shares of Quad Class A. Press release from the issuing company. The transaction, according to the Justice Department would combine the only two significant providers of magazine, catalog, and book printing services. with the following peers – Quad/Graphics, Inc. printer by revenue if it closes on its $1. 2 billion in 2018. 1% as DOJ sues to block Quad/Graphics buyout. LSC Communications, Inc. The Department of Justice announced today that Quad/Graphics Inc. (LKSD) plunged 38% Tuesday to pace all NYSE decliners, after the print and digital media services company said the deal to be acquired by Quad/Graphics Inc. 30 of this year, the estimated combined annual revenue of the company would have been $8 billion. quad and lsc communications mutually agree to terminate merger agreement tuesday, 23 jul 2019. 4 bln merger after DoJ lawsuit Fidelity - Merger and Acquision News. LSC Communications was purchased by Quad Graphics last fall, Tweedy said, and while the city's economic development staff has been in close contact with the company, she hoped the outcome would. Quad/Graphics will acquire LSC Communications in an all-stock transaction with an approximated value of $1. Quad/Graphics will hold a joint conference call and webcast with LSC Communications today at 8:30 a. Quad/Graphics Inc. Wisconsin-based Quad is seeking to buy Chicago-based LSC Communications, but the Department of Justice has filed an antitrust. (NYSE: LKSD) ("LSC Communications") today announced that at a special meeting held on February 22. (“Quad”) (NYSE: QUAD). (NYSE:LKSD) is going up by 3. Chicago, July 23, 2019 - LSC Communications, Inc. LSC is the former commercial printing business of RR Donnelley. As of Sept. District Court South District of New York trying to block the. LSC and Quad abandon merger plans Office Products International - News; LSC Communications' stock plunges to pace NYSE losers after Quad/Graphics buyout deal terminated Wall Street Journal - Marketwatch - MarketPulse; LSC Communications, Quad/Graphics terminate $1. LSC Communications is a printing company that has been a part of the Lynchburg area since the 1970s is closing its doors in June. --(BUSINESS WIRE)--Jul. LSC Communications to lay off 140 employees. 22 in heavy trading, while Quad/Graphics shares were up 7. have mutually agreed to terminate the merger deal. a score of 75. Quad/Graphics will acquire LSC Communications in a transaction that is expected to close next year. US group Quad/Graphics said it intends to “vigorously defend” its proposed acquisition of rival LSC Communications, in response to a lawsuit from the US Department of Justice (DOJ) which is seeking to block the deal. sued to block it, creating a death knell for the deal. As previously disclosed, on October 30, 2018, LSC Communications, Inc. Quad/Graphics, Inc. The company has 39 printing facilities in the United States, as well as facilities throughout Europe, Canada, and Latin America. These forward-looking statements relate to, among other things, the proposed transaction between Quad/Graphics and LSC Communications and include expectations, estimates and projections concerning the business and operations, strategic initiatives and value creation plans of Quad/Graphics and LSC Communications. 1 billion, publicly-held company as the result of a whopping $1. as part of an effort to diversify its core printing business and capture a greater share of marketers' budgets. Department of Justice (“DOJ”) filed a lawsuit in the United States District Court for the Northern District of Illinois to enjoin Quad’s proposed acquisition of LSC Communications. LSC Communications, Inc.