CONSOLIDATED GRAPHICS INC /TX/
8-K, 1999-11-16
COMMERCIAL PRINTING
Previous: METRO ONE TELECOMMUNICATIONS INC, 8-K, 1999-11-16
Next: IMAX CORP, 8-K/A, 1999-11-16


================================================================================

                       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): NOVEMBER 10, 1999

                           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
================================================================================
ITEM 5.  OTHER EVENTS

      On November 10, 1999, Consolidated Graphics, Inc. (the "Company")
announced the completion of the acquisition of Piccari Press, Inc. of
Philadelphia, Pennsylvania. A copy of the press release is attached hereto as
Exhibit 99.1.

      On November 11, 1999, the Company announced the signing of a letter of
intent to acquire Woodridge Press Inc. of Anaheim, California. A copy of the
press release is attached hereto as Exhibit 99.2.

      On November 12, 1999, the Company announced that its Board of Directors
approved a share repurchase program authorizing the Company to buy up to 2.1
million shares of common stock. A copy of the press release is attached hereto
as Exhibit 99.3.

      On November 16, 1999, the Company announced the completion of the
acquisition of Keys Printing Company of Greenville, South Carolina, and the
termination of its negotiations to acquire Anderson Printing of Hollywood,
California. A copy of the press release is attached hereto as Exhibit 99.4.

      The attached press releases 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.

<PAGE>
ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

     (A)  EXHIBITS

     The following exhibits are filed herewith:


     99.1     Press release of the Company dated November 10, 1999,
              related to the completion of the acquisition of
              Piccari Press, Inc. of Philadelphia, Pennsylvania.

     99.2     Press release of the Company dated November 11, 1999,
              related to the signing of a letter of intent to acquire
              Woodridge Press Inc. of Anaheim, California.

     99.3     Press release of the Company dated November 12, 1999,
              related to the approval by its Board of Directors of
              a share repurchase program authorizing the Company to
              buy up to 2.1 million shares of common stock.

     99.4     Press release of the Company dated November 16, 1999,
              related to the completion of the acquisition of Keys
              Printing Company of Greenville, South Carolina, and the
              termination of its negotiations to acquire Anderson Printing
              of Hollywood, California.


                                    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/ G. CHRISTOPHER COLVILLE

                                                  G. Christopher Colville
                                                  Executive Vice President-
                                                  Mergers & Acquisitions,
                                                  Chief Financial and Accounting
                                                  Officer

Date:  November 16, 1999


                                                                    EXHIBIT 99.1

                                 FOR:   Consolidated Graphics, Inc.

                         APPROVED BY:   Ronald E. Hale, Jr.
                                        Vice President & Treasurer
                                        (713) 787-0977

                             CONTACT:   Betsy Brod/Jonathan Schaffer
                                        Media: Merridith Ingram/Jennifer Kirksey
                                        Morgen-Walke Associates, Inc.
                                        (212) 850-5600


FOR IMMEDIATE RELEASE

          CONSOLIDATED GRAPHICS COMPLETES ACQUISITION OF PICCARI PRESS

      Houston, Texas - November 10, 1999 - Consolidated Graphics, Inc.
(NYSE:CGX) announced today that it has completed its acquisition of Piccari
Press, Inc. of Philadelphia, Pennsylvania. Piccari offers a full line of
printing services including electronic prepress, up to six-color printing and a
complete postpress with mailing and fulfillment capabilities. Upon completion of
the transaction, Piccari will continue to be led by Joe Trefaller, President,
Carl Piccari, Sr. and Carl Piccari, Jr. Other terms were not disclosed.

      Joe R. Davis, Chairman and Chief Executive Officer of Consolidated
Graphics, commented, "Piccari represents another profitable, well-run company
that has decided to join Consolidated Graphics. Piccari continues to distinguish
itself in the large Philadelphia market through its consistent and dedicated
customer service. We are pleased to welcome this outstanding company and its
dedicated staff to our organization."

      Consolidated Graphics, Inc. is the fastest growing printing company in the
United States. 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 companies
operating in 25 states with annualized revenues in excess of $700 million. For
more information, visit the Company's Web site at www.consolidatedgraphics.com.

      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.
                                     # # #


                                                                    EXHIBIT 99.2

                                           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
                     WOODRIDGE PRESS OF ANAHEIM, CALIFORNIA

      Houston, Texas - November 11, 1999 - Consolidated Graphics, Inc. (NYSE:
CGX) announced today that it has signed a letter of intent to acquire Woodridge
Press Inc. of Anaheim, California. Since 1973, Woodridge has provided
traditional sheet-fed commercial printing services to a concentration of high-
tech companies. Upon completion of the transaction, Woodridge will continue to
be led by its founders, Roger May, Don Chamberland, and Tim Prusia. Other terms
were not disclosed.

      Joe R. Davis, Chairman and Chief Executive Officer of Consolidated
Graphics, commented, "The acquisition of Woodridge enables Consolidated Graphics
to broaden its presence in the important southern California print market. With
over 30 years of industry experience, Roger, Don, and Tim have developed a
profitable printing operation with a loyal customer base. We welcome this
outstanding company and its dedicated staff to our organization."

      Roger May commented, "We have developed a reputation for providing
customers with high-end products and quality service. By joining Consolidated
Graphics, we will be in a position to enhance customer satisfaction by gaining
access to a superior capital structure, advanced printing technology, and
managerial expertise."

      Consolidated Graphics, Inc. is the fastest growing printing company in the
United States. 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 companies
operating in 25 states with annualized revenues in excess of $705 million. For
more information, visit the Company's Web site at www.consolidatedgraphics.com.

      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.
                                     # # #


                                                                    EXHIBIT 99.3

                                FOR:   Consolidated Graphics, Inc.

                            CONTACT:   Ronald E. Hale, Jr.
                                       Consolidated Graphics, Inc.
                                       Vice President & Treasurer
                                       (713) 787-0977

                                       Betsy Brod/Jonathan Schaffer
                                       Media: Merridith Ingram/Jennifer Kirksey
                                       Morgen-Walke Associates, Inc.
                                       (212) 850-5600


FOR IMMEDIATE RELEASE

            CONSOLIDATED GRAPHICS ANNOUNCES SHARE REPURCHASE PROGRAM

      HOUSTON, TEXAS - November 12, 1999 - Consolidated Graphics, Inc.
(NYSE:CGX) announced today that its Board of Directors has approved a share
repurchase program authorizing the Company to buy up to 2.1 million shares of
its common stock. Under the plan, the Company may purchase common stock from
time to time in open-market purchases or in privately negotiated block purchase
transactions. The amount and timing of any purchases will depend upon a number
of factors, including the price and availability of the Company's shares,
general market conditions and certain provisions included in the Company's
existing bank credit agreements.

      Joe R. Davis, Chairman and Chief Executive Officer, commented, "In light
of our recent stock performance, the Company believes that a sizable repurchase
program is an appropriate use of the Company's capital. Not withstanding this
purchase program, the Company plans to continue with its strategy of investing
in our operating companies and pursuing the many acquisition opportunities
available to us today."

      Consolidated Graphics, Inc. is one of the fastest growing printing company
in the United States. 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
companies operating in 25 states with annualized revenues in excess of $705
million. For more information, visit the Company's Web site at
www.consolidatedgraphics.com.

      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.
                                     # # #


                                                                    EXHIBIT 99.4

                                FOR:   Consolidated Graphics, Inc.

                        APPROVED BY:   Ronald E. Hale, Jr.
                                       Vice President & Treasurer
                                       (713) 787-0977

                            CONTACT:   Betsy Brod/Jonathan Schaffer
                                       Media: Merridith Ingram/Jennifer Kirksey
                                       Morgen-Walke Associates, Inc.
                                       (212) 850-5600


FOR IMMEDIATE RELEASE

          CONSOLIDATED GRAPHICS COMPLETES ACQUISITION OF KEYS PRINTING
             AND UPDATES STATUS OF PREVIOUSLY ANNOUNCED ACQUISITION

      Houston, Texas - November 16, 1999 - Consolidated Graphics, Inc. (NYSE:
CGX) announced today that it has completed its acquisition of Keys Printing
Company of Greenville, South Carolina. Keys provides a complete range of
printing services including electronic pre-press, up to six color printing, and
post-press capabilities. Ben Keys, President, will continue to lead the company.
Other terms were not disclosed.

      Joe R. Davis, Chairman and Chief Executive Officer of Consolidated
Graphics, commented, "Since 1869, Keys has successfully serviced the
Greenville/Spartanburg region, South Carolina's largest print market. During
this time, the Company has established itself as an industry leader and has
consistently provided quality print products and timely service. We welcome this
outstanding company to our organization."

      Separately, the Company announced that it has terminated negotiations of a
previously announced letter of intent to acquire Anderson Printing of Hollywood,
California.

      Consolidated Graphics, Inc. is one of the fastest growing printing company
in the United States. 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
companies operating in 25 states with annualized revenues in excess of $685
million. For more information, visit the Company's Web site at
www.consolidatedgraphics.com.

      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.
                                     # # #


Top Judgements:
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
Secretary of the Ministry of Health v The New South Wales Nurses and Midwives' Association (28 September 2022)
Orewa Community Church v Minister for Covid-19 Response (16 August 2022)
Yeshiva College Bondi Limited v NSW Education Standards Authority (15 August 2022)
Moreland Planning Scheme Amendment C208more | Heritage Nominations Study | Panel Report | 15 July 2022
New Zealand Tegel Growers Association Incorporated | 2 August 2022
Farrow-Smith and Comcare (Compensation) | 26 September 2022
Evolution Fleet Services Pty Ltd v Allroads Plant Pty Ltd | 14 September 2022
656621 B.C. Ltd. v David Moerman Painting Ltd. | Sep 27, 2022
Fraser Valley Packers Inc. v Raiwal Holdings Ltd | Sep 26, 2022
Parmar v Tribe Management Inc. | Sep 26, 2022
DES Studio inc. c. Shuchat | Sep 26, 2022
Van-Kam Freightways Ltd. v Teamsters Local Union No. 31 | Sep 28, 2022
Rogers Communication Inc. v British Columbia | Sep 28, 2022
Alderbridge Way GP Ltd. | Sep 28, 2022

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