LSC Communications Agrees to be Acquired by Quad/Graphics in All-Stock Deal

October 31, 2018

S&C represents LSC Communications, Inc. in its definitive agreement with Quad/Graphics, Inc., whereby Quad will acquire LSC Communications in an all-stock transaction valued at approximately $1.4 billion, including the refinancing of LSC Communications' debt. The S&C team on the transaction was led by Audra Cohen and James Shea, along with Amanda Gill and Jeffrey MacDonald. Rebecca Coccaro and Amanda Toy advised on executive compensation and benefits matters; Ronald Creamer advised on tax matters; and John Estes and Steven Mungovan advised on financing matters.