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Published on 3/7/2007 in the Prospect News Special Situations Daily.

Cenveo completes purchase of Cadmus Communications

By Lisa Kerner

Charlotte, N.C., March 7 - Cenveo, Inc. completed its purchase of Cadmus Communications Corp. for $24.75 per share in cash, according to a news release.

The deal, worth an estimated $430 million, was originally announced on Dec. 27.

Located in Richmond, Va., Cadmus provides content management and production services to scientific, technical and medical journal publishers.

Cenveo, based in Stamford, Conn., provides print and visual communications services.

Acquirer:Cenveo, Inc.
Target:Cadmus Communications Corp.
Transaction value:$430 million
Payment per share:$24.75
Announcement date:Dec. 27
Closing:March 7
Stock price for target:Nasdaq: CDMS $24.72 on March 7
Stock price for acquirer:NYSE: CVO; $23.75 on March 7

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