8-K, 1999-03-26
Previous: CHARLES RIVER ASSOCIATES INC, 10-K/A, 1999-03-26

                             WASHINGTON, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                Date of Report (Date of earliest event reported):
                                 March 12, 1999

               (Exact name of Registrant as specified in Charter)

         New Jersey                  0-24021                     22-3561164     
(State or Other Jurisdiction       (Commission                  (IRS Employer   
      of Incorporation)           File Number)               Identification No.)

629 Grove Street, Jersey City, New Jersey                          07310    
 (Address of principal executive office)                         (Zip Code)

Registrant's telephone number including area code: (201) 217-1990

          (Former name or Former Address, if Changed Since Last Report)


Item 5. Other Events

     On March 12, 1999, Cunningham Graphics International, Inc. (the "Company")
announced the completion of the acquisition of Griffin House Graphics Limited of
Toronto, Canada. A copy of the press release is attached hereto as Exhibit 99.

     The attached press release may contain forward-looking information. Readers
are cautioned that such information involves risks and uncertainties, including
the possibility that events may occur which preclude completion of pending or
future acquisitions by the Company.

Item 7. Financial Statements and Exhibits

     (a)  Exhibit

     The following exhibit is filed herewith:

     99   Press release of Cunningham Graphics International, Inc. dated March
          12, 1999, related to the completion of the acquisition of Griffin
          House Graphics Limited of Toronto, Canada.


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                        Cunningham Graphics International, Inc.

Dated: March 26, 1999                   By: /s/ Robert M. Okin         
                                            Name:  Robert M. Okin
                                            Title:  Senior Vice President
                                            and Chief Financial Officer

FOR IMMEDIATE RELEASE                   Contact: Robert Okin
                                                 Chief Financial Officer
                                                 201-217-1990 Ext. 305

                                                 Vince Daniels / John Nesbett
                                                 Lippert/Heilshorn & Associates


     JERSEY CITY, NJ - March 12, 1999 - Cunningham Graphics International, Inc.
(NASDAQ NM: CGII) announced today that it has completed the acquisition of
Griffin House Graphics Limited ("Griffin House"), a high quality, commercial
printer located in Toronto, Canada.

     Griffin House is the leading provider of printing and distribution services
to the financial services industry in Canada including major Canadian banks and
mutual funds. The Company's facility is strategically located in Toronto's
financial center and has the capacity to efficiently service a significant
increase in future sales. The Company has made continuous investments in
state-of-the-art equipment. Griffin House has been owned and operated by the
Griffin family since 1944 and the current management team will continue to
direct operations as a subsidiary of Cunningham Graphics International.

     Michael Cunningham, Chairman and Chief Executive Officer of Cunningham
Graphics International, commented, "Griffin House is a well-run, successful
printing company in a growing market and has an excellent reputation. The
acquisition of Griffin House is a great addition to our World Research Link (TM)
and will allow us to expand our unique distribution and print technologies into
Canada. The Company's high quality customer base in the financial services
industry will allow us to capitalize on significant cross-selling opportunities.
Our businesses are similarly aligned on an operating basis, and we are therefore
confident in our ability to realize operating efficiencies quickly."

     Management expects Griffin House's 1999 revenues to be in excess of $5
million and to be accretive to Cunningham Graphics International's 1999
earnings. Inclusive of this acquisition, Cunningham Graphics International's
annualized revenues are in excess of $80 million. Terms of the transaction were
not disclosed.


     Griffin House will become a member of the World Research Link (TM). The
World Research Link (TM), founded by Cunningham Graphics in 1994, facilitates
the expeditious printing and distribution of time-sensitive documents throughout
select international financial markets. Through the use of high-speed electronic
links among the Company's facilities in Canada, Hong Kong, Singapore, the United
Kingdom and the United States, the Company is able to print research reports
concurrently through these principal international financial markets while
eliminating certain distribution costs.

     Cunningham Graphics International is a leading consolidator in the
fragmented graphic communications industry and Griffin House is the Company's
third acquisition in the first three months of this year. The Company previously
announced the acquisition of Boston Towne Press, a high quality, commercial
printer for major institutional customers in New England and Workable Company
Limited, a full service printing company with operations in Hong Kong and
Singapore specializing in the printing of financial research reports. 

     Cunningham Graphics International provides time-sensitive printing and
distribution, commercial printing, and outsourcing services to a blue-chip
client base in the financial services, insurance and publishing industries. The
Company currently operates in select international markets through its
facilities in the United States, the United Kingdom, Hong Kong, Singapore and
Canada. Graphic communication services provided by the Company include digital
communications, document management, offset printing, digital printing, data
output, bindery, fulfillment services, mailing services and outsource services.

This press release may contain forward-looking statements, which involve known
and unknown risks, uncertainties or other factors that could cause actual
results to materially differ from the results, performance or other expectations
implied by these forward-looking statements. Factors which could cause or
contribute to such differences include, but are not limited to, continued demand
for its services, the availability of raw materials, the impact of competitive
services and pricing, risks in technology development, changing economic
conditions and other risk factors detailed in the Company's filings with the
Securities and Exchange Commission.

                                      # # #

Top Judgements:
Palmer v. Teva Canada Ltd. | Aug 12, 2022
Janssen Inc. v. Sandoz Canada Inc. | May 31, 2022
Markowich v. Lundin Mining Corporation | Jan 6, 2022
Canada (National Revenue) v. Ghermezian | Feb 23, 2022
Canadian Union of Public Employees, Local Unions 835 v South Shore District Health Authority | Jan 17, 2015
Arctic Cat Inc. v. Bombardier Recreational Products Inc. | Sep 16, 2016
Canadian Airport Workers Union v Goodwill Industries | Mar 4, 2022
Cassan v. The Queen | Sep 8, 2017
Toronto Professional Fire Fighters’ Association, I.A.A.F. Local 3888 v City of Toronto | Aug 26, 2022
Cambie Surgeries Corporation v. British Columbia (Attorney General) | Sep 10, 2020
Cowichan Tribes v Canada | Jun 3, 2022
Brain cancer (glioblastoma multiforme) | ONWSIAT Decision No. 1642/21 | Jul 18, 2022
Konicek v Vantown Infrastructure Invesco Inc. | Sep 9, 2022
C.S.S. Office Furniture Systems Service Inc. v Burns | Aug 11, 2022
Saskatoon Co-operative Association Limited v United Food and Commercial Workers | Aug 15, 2022
Old Lakeshore Inc. v City of Burlington | Sep 2, 2022
Tietz v. Affinor Growers Inc. | Sep 13, 2022
Efficiencyone (E1) | Sep 6, 2022
President's Choice Bank v. The Queen | Jul 19, 2022
First Global Data Ltd | Sep 15, 2022
Rayonier v Unifor, Locals 256 and 89 | Aug 11, 2022
Alberta Workers’ Compensation Appeals Commission | Decision No. 2021-0334 | Jul 14, 2022
Metrowest Developments Ltd v Flynn Canada Ltd | Sep 14, 2022
R. v. Cameron | Jul 15, 2022
Functional Servicing and Stormwater Management | Jul 28, 2022
101034761 Saskatchewan Ltd. v Mossing | Aug 24, 2022
Waste Control Services Inc. v International Union of Operating Engineers, Local No. 115 | Aug 12, 2022
RJM56 Holdings Inc. c. Bazinet | Aug 17, 2022
Sherwood v The Owners, Strata Plan VIS 1549 | Aug 9, 2022
WCAT Decision A2001487 | Aug 8, 2022
City of Hamilton v Ontario Water Employees’ Association | Sep 12, 2022
Century Services Corp. v. LeRoy | Jul 8, 2022
United Food and Commercial Workers, Local 175 v Metro Ontario Inc. | Jul 4, 2022
Langmaid’s Island Corporation v Lake of Bays | Sep 12, 2022
WCAT Decision A2102416 | Jul 22, 2022
Inquiry about McAbee Fossil beds | Jul 14, 2022
1088558 Ontario Inc. v. Musial | Sep 16, 2022
Biogen Canada Inc. v. Pharmascience Inc. | Aug 8, 2022
CIC Management Services Inc. v City of Toronto | Jul 21, 2022
Bonterra Energy Corp v Rosells’ Enterprises Ltd | Aug 31, 2022
WCAT Decision A2100606 | Aug 17, 2022
Leffler v Aaron Behiel Legal Professional Corporation | Jun 30, 2022
Espartel Investments v. MTCC No. 993 | Aug 19, 2022
Onespace Unlimited Inc. v. Plus Development Group Corp. | Sep 19, 2022
Professional Institute of the Public Service of Canada v. Canada Revenue Agency | Jun 23, 2022
Community Savings Credit Union v. Bodnar | Jul 29, 2022
Galperti SRL v F.I.A.L. Finanziaria Industrie Alto Lario S.P.A | Jun 30, 2022
WCAT Decision A2102352 | Jul 6, 2022
WCAT Decision A2102306 | Jul 25, 2022
Thrive Capital Management Ltd. v. Noble 1324 Queen Inc. | Jul 12, 2022
Questor Technology Inc v Stagg | Sep 8, 2022
MediPharm v. Hexo and Hwang | Jul 25, 2022
Immunization rates & vaccine hesitancy | Aug 17, 2022
Morabito v. British Columbia Securities Commission | Aug 12, 2022
Killeleagh v Mountain View County (Development Authority) | Aug 24, 2022
Quality Control Council v Stanley Inspection Canada Ltd. | Sep 9, 2022
British Columbia Investment Management Corporation | Aug 17, 2022
Abbeylawn Manor Living Inc. v Sevice Employees International Union, Local 1 Canada | Jul 5, 2022
Windrift Adventures Inc. et al. v. Chief Animal Welfare Inspector | Aug 18, 2022
Irani and Khan v. Registrar, Motor Vehicle Dealers Act | Jul 14, 2022
CP REIT Ontario Properties Limited v City of Toronto | Aug 12, 2022
Potash Corporation of Saskatchewan Inc. v. The Queen | Jul 7, 2022
Wong v. Pretium Resources Inc. | Jul 22, 2022
Labourers' International Union of North America, Local 183, Union v Mulmer Services Ltd. | Aug 5, 2022
City of Mississauga v. Hung | Sep 22, 2022

© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission