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0 -0.0292682926829267 -0.0497560975609756 -0.0487804878048781 -0.0487804878048781 -0.0487804878048781 -0.0487804878048781 -0.0487804878048781
Stock impact report

Quad to Vigorously Defend Its Pending Acquisition of LSC Communications

Quad Graphics, Inc Class A (QUAD) 
US:NYSE Investor Relations: investors.qg.com
Company Research Source: Business Wire
Business Combination Would Create Highly Efficient Print Platform to Strengthen the Role of Print in an Increasingly Multichannel Media World that is Dominated by Digital Advertising and Content SUSSEX, Wis.--(BUSINESS WIRE)--Quad/Graphics, Inc. (NYSE: QUAD) (“Quad” or the “Company”), a worldwide marketing solutions partner, announced today that it intends to vigorously defend its proposed acquisition of LSC Communications (“LSC”) in response to the U.S. Department of Justice’s (“DOJ”) lawsuit seeking to block the acquisition. The all-stock transaction was announced on October 31, 2018, and was approved by shareholders of both companies on February 22, 2019. Quad intends to work together with LSC to contest the DOJ’s allegations.“We believe the acquisition of LSC will result in time- and cost-saving opportunities for clients while protecting jobs for employees. We also believe that the business combination will create a highly efficient print manufacturing and distribution platform Show less Read more
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