SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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):
September 2, 1999
CUNNINGHAM GRAPHICS INTERNATIONAL, INC.
(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.)
5 Burma Road, Jersey City, New Jersey 07305
(Address of principal executive office) (Zip Code)
Registrant's telephone number including area code: (201) 217-1990
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(Former name or Former Address, if Changed Since Last Report)
<PAGE>
Item 5. Other Events
On September 2, 1999, Cunningham Graphics International, Inc. (the
"Company") announced the completion of the acquisition of D&L Graphics, Inc. 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
September 2, 1999, related to the completion of the acquisition of D&L
Graphics, Inc.
SIGNATURES
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.
(Registrant)
Dated: September 16, 1999 By: /s/ Robert M. Okin
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Name: Robert M. Okin
Title: Senior Vice President
and Chief Financial Officer
NEWS RELEASE
FOR IMMEDIATE RELEASE Contact: Michael Cunningham
Chairman, CEO
201-985-2300 Ext. 1215
Vince Daniels / John Nesbett
Lippert/Heilshorn & Associates
212-838-3777
Cunningham Graphics International Acquires New Jersey Printer
JERSEY CITY, NJ - September 2, 1999 - Cunningham Graphics International,
Inc. (NASDAQ NM: CGII) announced today that it has completed the acquisition of
D&L Graphics, Inc., a premier commercial sheetfed printer located in Hawthorne,
New Jersey.
D&L Graphics is a high quality commercial printer which provides state of
the art prepress, six color sheetfed printing, web printing and bindery services
to major customers throughout New York and New Jersey.
Michael Cunningham, Chairman and Chief Executive Officer of Cunningham
Graphics International, commented, "The acquisition of D&L Graphics will provide
us with additional top quality commercial accounts as well as give us
significant third-shift capacity to assist us in our time sensitive printing.
D&L Graphics' extensive printing and equipment capabilities will enable us to
continue to diversify our product line and supply more complete and
comprehensive services to our clients."
Management expects D&L Graphics' 1999 revenues to be in excess of $6
million and to be accreative to Cunningham Graphics International's 1999
earnings. Terms of the transaction were not disclosed
George Lisa, President of D&L Graphics, commented "All of the employees at
D&L Graphics are very excited about the opportunity to join such a high growth
and successful company like Cunningham Graphics. The managerial expertise and
financial resources at Cunningham Graphics will be extremely helpful as we take
our business to the next level."
D&L Graphics is the Company's eighth acquisition completed this year.
Cunningham Graphics International is a leading provider of graphic
communication services and provides document management services and outsourcing
solutions to a blue chip client base. 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 and digital printing, data output, bindery, fulfillment and mailing
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.
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