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SUBSEQUENT EVENTS
6 Months Ended
Sep. 30, 2013
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

4.  SUBSEQUENT EVENTS

 

On October 24, 2013, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with R.R. Donnelly & Sons Company (“RR Donnelly”).  The Merger Agreement has been unanimously approved by each company’s Board of Directors.  Under the terms of the transaction, the Company shareholders will receive a combination of $34.44 in cash and a fixed exchange ratio of 1.651 RR Donnelly shares for each outstanding share of the Company they own. The completion of the transaction is subject to customary closing conditions, including regulatory approval and approval of the Company’s shareholders.