Courier Renegotiates Agreement with Brazil Textbook Printer

NORTH CHELMSFORD, Mass.--(BUSINESS WIRE)--Courier Corporation (Nasdaq: CRRC), one of America’s leading innovators in book manufacturing, publishing and content management, today announced that it has renegotiated its agreement with Digital Page Grafica e Editora, a digital textbook printer based in Sao Paulo, Brazil. Under the revised terms, Courier will hold a 60% interest in Digital Page in place of the original 40% for the same $9 million investment amount as previously agreed, following the closing of the restructured transaction. The closing is expected to take place by the end of the calendar year.