Consolidated Graphics Announces Termination of Proposed Buy of Newbridge
Press release from the issuing company
HOUSTON, Sept. 28 -- Consolidated Graphics, Inc. today announced that negotiations regarding the previously announced letter of intent to acquire Newbridge Corporation of Dallas, Texas have been terminated. The Company noted that this proposed transaction had not been factored into its prior financial guidance and will therefore have no impact on future financial results as compared to such guidance. The Company also noted that it continues to evaluate other acquisition opportunities in connection with its overall growth strategy.
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