Book Printer Agrees to Buy Specialty Publisher.(Courier Corp. buys Dover Publications Inc.)(Brief Article)

Graphic Arts Monthly, September, 2000

Courier plans to spend $39 million to add publishing to its product and service mix. NORTH CHELMSFORD, MASS.--Courier Corporation, the nation's fifth-largest book manufacturer with annual sales of $162 million, has signed a definitive agreement to acquire Dover Publications, Inc., Mineola, N.Y.

Courier agreed to purchase 100% of Dover's stock for $39 million in cash. Dover, with 1999 revenues of approximately $32 million, claims to have more than 7,000 titles in print in over 30 specialty categories ranging from military history and paper dolls to musical scores and typographic fonts. It sells through wholesale and retail channels that include major bookstore chains, independent booksellers, children's stores, craft stores, and gift shops in...

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