SECURITIES AND EXCHANGE COMMISSION
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) September 30, 1996
CADMUS COMMUNICATIONS CORPORATION
(Exact name of registrant as specified in its charter)
Virginia 0-12954 54-1274108
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification Number)
6620 West Broad Street, Suite 240, Richmond, Virginia 23230
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (804) 287-5680
--------------
<PAGE>
Item 5. Other Events.
On September 30, 1996, Cadmus Communications Corporation (the "Company") issued
the press release attached hereto as Exhibit 99 with respect to the sale of all
the outstanding capital stock of Tuff Stuff Publications, Inc.
which constituted its Consumer Publishing division.
Item 7. Exhibits.
Exhibit 99 Press Release
<PAGE>
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 on October 3, 1996.
CADMUS COMMUNICATIONS CORPORATION
By: /s/ C.Stephenson Gillispie, Jr.
C. Stephenson Gillispie, Jr.
Chairman, President, and
Chief Executive Officer
<PAGE>
Exhibit Index
Exhibit
99 Press Release
Exhibit 99
NEWS RELEASE CONTACT
David E. Bosher
Vice President & Treasurer
(804) 287-5685
CADMUS COMMUNICATIONS CORPORATION ANNOUNCES
SALE OF CONSUMER PUBLISHING DIVISION
RICHMOND, VA, September 30, 1996 -- Cadmus Communications Corporation (NASDAQ
NMS: CDMS) announced today the sale of its Cadmus Consumer Publishing division
to Landmark Specialty Publications, a division of Landmark Communications, Inc.
Cadmus Consumer Publishing publishes price guides for collectors of sports,
non-sports, and entertainment cards and collectibles.
C. Stephenson Gillispie, Jr., Cadmus chairman, president, and chief executive
officer commented, "As we pursue our strategy to become the `single best source
for 21st century marketing and communication solutions,' it has become evident
that consumer publishing no longer remains core to the Cadmus strategy. This
transaction allows us to focus our resources and our attention on our core
businesses and also generates cash which we will use to reduce the debt we
incurred when we acquired Lancaster Information Group earlier this year. The
transaction will not have a material impact on our future operating results or
our future growth."
Mr. Gillispie added, "We have been pleased with the performance of our Consumer
Publishing division since its formation in April 1992, and we are grateful to
the associates that have made this performance possible. We also are pleased
that Landmark Specialty Publications has purchased the business. Landmark has a
superb reputation not only for sound operations management but also for
forward-thinking and innovative strategic guidance. We could not have picked a
better home for our associates or for our publications than Landmark."
Cadmus Communications Corporation is a graphic communications company offering
comprehensive, specialized products and services in three broad areas: printing,
marketing, and publishing. Headquartered in Richmond, Virginia, Cadmus is one of
the largest graphic communications companies in North America.
