[This post has been updated] Quad/Graphics Inc, has agreed to buy magazine printer Worldcolor Press Inc. of Canada, which prints magazines such as Time and Cosmopolitan.The sale price is about $1.3 billion. According to a story published on Bloomberg.com, the merged company, which will be publicly traded, will have 30,000 employees and combined sales of $5.1 billion.
Joel Quadracci, Quad/
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