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LSC Communications Inc (LKSD.N)

LKSD.N on New York Stock Exchange

8.59USD
10 Dec 2018
Change (% chg)

$-0.14 (-1.60%)
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$8.73
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Volume
324,625
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144,558
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$18.62
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Latest Key Developments (Source: Significant Developments)

Quad/Graphics To Acquire LSC Communications In All-Stock Transaction
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Quad/Graphics Inc ::QUAD/GRAPHICS TO ACQUIRE LSC COMMUNICATIONS IN ALL-STOCK TRANSACTION.DEAL FOR TRANSACTION VALUED AT APPROXIMATELY $1.4 BILLION.DEAL EXPECTED TO CLOSE IN MID-2019.NET SYNERGIES FROM DEAL ARE EXPECTED TO BE APPROXIMATELY $135 MILLION, AND WILL BE ACHIEVED IN LESS THAN TWO YEARS.DEAL IS EXPECTED TO CLOSE IN MID-2019, AND BE ACCRETIVE TO EARNINGS, EXCLUDING NON-RECURRING INTEGRATION COSTS.QUAD/GRAPHICS - LSC COMMUNICATIONS SHAREHOLDERS WILL RECEIVE 0.625 SHARES OF QUAD CLASS A COMMON STOCK FOR EACH LSC COMMUNICATIONS SHARE THEY OWN.JOEL QUADRACCI WILL BE CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER OF COMBINED COMPANY.ON CLOSING SHARE PRICES ON OCT 30, 2018, MERGER CONSIDERATION REPRESENTS PREMIUM OF 34 PERCENT TO LSC COMMUNICATIONS SHAREHOLDERS.QUAD/GRAPHICS - POST COMPLETION CO'S SHAREHOLDERS WILL CONTINUE TO OWN CLASS A & CLASS B SHARES, ABOUT 71 PERCENT TOTAL ECONOMIC OWNERSHIP OF COMBINED CO.QUAD IS ADVISED IN THIS TRANSACTION BY J.P. MORGAN SECURITIES LLC, BDT & COMPANY AND FOLEY & LARDNER LLP.LSC COMMUNICATIONS IS ADVISED BY BOFA MERRILL LYNCH AND SULLIVAN & CROMWELL LLP ON DEAL.QUAD/GRAPHICS - POST COMPLETION, QUAD SHAREHOLDERS WILL CONTINUE TO OWN ABOUT 89 PERCENT TOTAL VOTING POWER OF COMBINED COMPANY.CLOSING OF TRANSACTION IS NOT CONTINGENT ON FINANCING.QUAD SECURED FINANCING COMMITMENT FROM JPMORGAN CHASE BANK TO REFINANCE QUAD'S EXISTING CREDIT FACILITY, LSC COMMUNICATIONS' DEBT.  Full Article

LSC Communications Renews Agreement With Penguin Random House
Wednesday, 11 Jul 2018 

July 11 (Reuters) - LSC Communications Inc ::LSC COMMUNICATIONS RENEWS AND EXPANDS PRINT SUPPLY CHAIN AGREEMENT WITH PENGUIN RANDOM HOUSE.LSC COMMUNICATIONS INC - LSC WILL CONTINUE TO PROVIDE PRINTING AND BINDING SERVICES ACROSS PENGUIN RANDOM HOUSE'S U.S. BOOK IMPRINTS.  Full Article

LSC Communications To Acquire Print Logistics Component Of RRD's Logistics Business
Wednesday, 2 May 2018 

May 2 (Reuters) - LSC Communications Inc ::LSC COMMUNICATIONS AND RRD ENTER INTO A DEFINITIVE AGREEMENT FOR LSC TO ACQUIRE THE PRINT LOGISTICS COMPONENT OF RRD’S LOGISTICS BUSINESS.LSC COMMUNICATIONS INC - THE ACQUISITION IS EXPECTED TO CLOSE IN Q3 2018.  Full Article

LSC Communications Board Increases Regular Quarterly Dividend
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - LSC Communications Inc ::LSC COMMUNICATIONS BOARD OF DIRECTORS INCREASES REGULAR QUARTERLY DIVIDEND BY 4%; COMPANY TO HOST AN INVESTOR MEETING ON MARCH 6, 2018.LSC COMMUNICATIONS - DECLARED REGULAR QUARTERLY DIVIDEND OF $0.26 PER COMMON SHARE.  Full Article

LSC Communications Awarded Multi-Year Print Agreement With Bauer Media Group USA
Monday, 4 Dec 2017 

Dec 4 (Reuters) - LSC Communications Inc ::LSC COMMUNICATIONS AWARDED MULTI-YEAR PRINT AGREEMENT WITH BAUER MEDIA GROUP USA.LSC COMMUNICATIONS INC - ‍ BEGINNING IN JANUARY 2018, LSC WILL PRINT 17 OF BAUER'S POPULAR PRINT TITLES​.  Full Article

LSC Communications acquites Quality Park Envelope business from Cenveo
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - LSC Communications Inc ::LSC communications acquires Quality Park Envelope business from Cenveo.  Full Article

LSC reports Q3 adjusted profit of $0.73/shr
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Lsc Communications Inc :LSC Communications reports third-quarter 2017 results.Q3 non-GAAP earnings per share $0.73.Q3 GAAP loss per share $0.07.Q3 sales $935 million versus I/B/E/S view $925.9 million.Q3 earnings per share view $0.72 -- Thomson Reuters I/B/E/S.LSC Communications Inc - ‍updated full-year guidance for 2017​.LSC Communications Inc - ‍sees 2017 net sales $3.55 billion to $3.60 billion​.LSC Communications Inc - ‍sees 2017 capital expenditures $60 to $65 million​.LSC Communications Inc - sees 2017 ‍free cash flow $125 to $140 million​.LSC Communications Inc - ‍expect full year non-GAAP adjusted EBITDA to be approximately $340 million​.FY 2017 earnings per share view $2.15, revenue view $3.52 billion -- Thomson Reuters I/B/E/S.  Full Article

LSC Communications files for offering of up to 964,319 shares of common stock‍​ by the selling stockholders
Monday, 2 Oct 2017 

Oct 2 (Reuters) - LSC Communications Inc :LSC Communications Inc files for offering of up to 964,319 shares of common stock‍​ by the selling stockholders - SEC Filing.  Full Article

LSC Communications acquires Creel Printing
Monday, 17 Jul 2017 

July 17 (Reuters) - LSC Communications Inc ::LSC Communications acquires Creel Printing.LSC Communications Inc - ‍entered into a definitive agreement to acquire Creel Printing​.  Full Article

LSC Communications awarded 5-yr supply chain contract with Great Minds LLC
Monday, 24 Apr 2017 

April 24 (Reuters) - LSC Communications Inc ::LSC Communications awarded a five-year supply chain contract with Great Minds LLC*.  Full Article

Deals of the day-Mergers and acquisitions

Oct 31 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday. ** State-appointed administrators at Alitalia said they had received two binding offers for the Italian airline and one non-binding expression of interest. ** The majority owners of Italian supermarket chain Esselunga are seeking to team up with long-term investors to take full control of the business and squeeze out two of the family heirs, three sources familiar with the matter sa