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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): AUGUST 12, 1998
CONSOLIDATED GRAPHICS, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
TEXAS 0-24068 76-0190827
(STATE OR OTHER JURISDICTION (COMMISSION FILE NUMBER) (I.R.S. EMPLOYER
OF INCORPORATION) IDENTIFICATION NO.)
5858 WESTHEIMER, SUITE 200
HOUSTON, TEXAS 77057
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES AND ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (713) 787-0977
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ITEM 5. OTHER EVENTS
On August 12, 1998, Consolidated Graphics, Inc. (the "Company") announced
the signing of a nonbinding letter of intent to acquire Metropolitan Printing
Service, Inc. of Bloomington, Indiana. 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) EXHIBITS
The following exhibit is filed herewith:
99 Press release of Consolidated Graphics, Inc. dated August 12, 1998,
related to the announcement of the signing of a nonbinding letter of
intent to acquire Metropolitan Printing Service, Inc. of Bloomington,
Indiana.
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SIGNATURE
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.
CONSOLIDATED GRAPHICS, INC.
(Registrant)
By: /s/ Randall D. Keys
Randall D. Keys
Vice President - Finance
Chief Financial Officer
Date: August 17, 1998
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EXHIBIT 99
FOR: Consolidated Graphics, Inc.
APPROVED BY: Ronald E. Hale, Jr.
Vice President & Treasurer
(713) 787-0977
CONTACT: Betsy Brod/Jonathan Schaffer
Media: Eileen King
Morgen-Walke Associates, Inc.
(212) 850-5600
FOR IMMEDIATE RELEASE
CONSOLIDATED GRAPHICS TO ACQUIRE
METROPOLITAN PRINTING OF BLOOMINGTON, INDIANA
HOUSTON, TEXAS -- August 12, 1998 -- Consolidated Graphics, Inc. (NYSE:
CGX) today announced the signing of a letter of intent to acquire Metropolitan
Printing Service, Inc., a high quality commercial printer located in
Bloomington, Indiana. Tad Wilson and Charles Neumeyer, co-owners of Metropolitan
Printing, will remain with the company after completion of the transaction.
Other terms of the transaction were not disclosed.
Joe R. Davis, Chairman and Chief Executive Officer of Consolidated
Graphics, commented, "Tad Wilson and Charles Neumeyer, together with their
employees, built their business by providing customers outstanding quality and
service. Over their 30 years in business, this strategy has made them the
leading printer in their market. We look forward to helping them build upon this
success."
Mr. Wilson commented, "We have worked hard earning and maintaining an
excellent reputation with our customers. We are pleased to be joining a company
that shares our service-oriented philosophy." Mr. Neumeyer added, "With
Consolidated Graphics, we are now positioned to grow our business and utilize
their superior resources to improve our operating results."
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Consolidated Graphics, Inc. is the fastest growing printing company in the
United States. A consolidator in a highly fragmented industry, the Company adds
value to its acquisitions through managerial and operational expertise,
financial strength, and economies of scale. Upon completion of pending
acquisitions, Consolidated Graphics will have 47 companies with annualized
revenues in excess of $555 million.
This press release contains 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. Consolidated Graphics' expectations
regarding run-rate revenues assume, among other things, completion of pending
acquisitions, general economic conditions, continued demand for its product, the
availability of raw materials, retention of its key management and operating
personnel, as well as other factors detailed in Consolidated Graphics' filings
with the Securities and Exchange Commission.
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