Quad/Graphics’ Acquisition of Brown Printing Company Passes Antitrust Review
2014年5月21日 - 1:00AM
ビジネスワイヤ（英語）
Hart-Scott-Rodino Waiting Period Expires; FTC Takes No
Action
Quad/Graphics, Inc. (NYSE: QUAD) (“Quad/Graphics”) and Brown
Printing Company (“Brown”) jointly announced today that the waiting
period for antitrust review of the proposed combination of the two
companies expired at 11:59 p.m. on Monday, May 19, with no action
taken by the Federal Trade Commission.
Quad/Graphics and Brown now can move forward with their proposed
sale agreement, announced on April 7. The transaction is expected
to close in the next few weeks.
Forward-Looking Statements
This press release contains certain “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements include statements regarding,
among other things, our current expectations about the Company’s
future results, financial condition, revenue, earnings, free cash
flow, margins, objectives, goals, strategies, beliefs, intentions,
plans, estimates, prospects, projections and outlook of the Company
and can generally be identified by the use of words or phrases such
as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,”
“plan,” “foresee,” “project,” “believe,” “continue” or the
negatives of these terms, variations on them and other similar
expressions. These forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause
actual results to be materially different from those expressed in
or implied by such forward-looking statements. Forward-looking
statements are based largely on the Company’s expectations and
judgments and are subject to a number of risks and uncertainties,
many of which are unforeseeable and beyond our control.
The factors that could cause actual results to materially differ
include, among others: the impact of significant overcapacity in
the highly competitive commercial printing industry, which creates
downward pricing pressure and fluctuating demand for printing
services; the inability of the Company to reduce costs and improve
operating efficiency rapidly enough to meet market conditions; the
impact of electronic media and similar technological changes,
including digital substitution by consumers; the impact of changes
in postal rates, service levels or regulations; the impact of
changing future economic conditions; the failure to renew long-term
contracts with clients on favorable terms or at all; the failure of
clients to perform under long-term contracts due to financial or
other reasons or due to client consolidation; the failure to
successfully identify, manage, complete and integrate acquisitions
and investments; the impact of increased business complexity as a
result of the Company’s entry into additional markets; the impact
of fluctuations in costs (including labor-related costs, energy
costs, freight rates and raw materials) and the impact of
fluctuations in the availability of raw materials; the impact of
regulatory matters and legislative developments or changes in laws,
including changes in privacy and environmental laws; the impact on
the holders of Quad/Graphics class A common stock of a limited
active market for such shares and the inability to independently
elect directors or control decisions due to the voting power of the
class B common stock; the impact of risks associated with the
operations outside of the United States; significant capital
expenditures may be needed to maintain the Company’s platform and
processes and to remain technologically and economically
competitive; and the other risk factors identified in the Company’s
most recent Annual Report on Form 10-K, as such may be amended or
supplemented by subsequent Quarterly Reports on Form 10-Q or other
reports filed with the Securities and Exchange Commission.
Except as required by the federal securities laws, the Company
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
About Quad/Graphics
Quad/Graphics (NYSE: QUAD), a leading global printer and media
channel integrator, is redefining print in today’s multichannel
media world by helping marketers and publishers capitalize on
print’s ability to complement and connect with other media
channels. With consultative ideas, worldwide capabilities,
leading-edge technology and single-source simplicity, Quad/Graphics
has the resources and knowledge to help its clients maximize the
revenue they derive from their marketing spend through channel
integration, and minimize their total cost of print production and
distribution through a fully integrated national distribution
network. The Company provides a diverse range of print solutions,
media solutions and logistics services from multiple locations
throughout North America, Latin America and Europe.
Investor Relations Contact:Quad/GraphicsKelly Vanderboom,
414-566-2464Vice President &
TreasurerKelly.Vanderboom@qg.comorMedia
Contacts:Quad/GraphicsClaire Ho, 414-566-2955Director of
Corporate CommunicationsClaire.Ho@qg.comorBrown Printing
CompanyJennifer Bergin, 212-782-7857Vice President of
MarketingJennifer.Bergin@bpc.com
Quad Graphics (NYSE:QUAD)
過去 株価チャート
から 6 2024 まで 7 2024
Quad Graphics (NYSE:QUAD)
過去 株価チャート
から 7 2023 まで 7 2024
