Definitive Agreement Between Quad/Graphics and Courier Corporation Terminated

SUSSEX, Wis.--(BUSINESS WIRE)--Quad/Graphics, Inc. (NYSE: QUAD) (“Quad/Graphics” or the “Company”), a leading global printer, today announced that its agreement to acquire Courier Corporation (Nasdaq: CRRC) (“Courier”) has been terminated. Under terms of a definitive agreement signed with Courier on January 16, 2015, Quad/Graphics would have paid Courier shareholders the equivalent of a total purchase price of $20.50 per share.