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Court OKs Quad/Vertis Deal
SUSSEX, WI—A U.S. Bankruptcy Court green-lighted the proposed sale of Baltimore-based Vertis Holdings to Quad/Graphics. The deal, announced in October, entails substantially all of the assets comprising Vertis' businesses for $258.5 million, which includes the payment of approximately $88.5 million for current assets that are in excess of normalized working capital requirements.
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