| Ticker: WRC | 101 Park Avenue | |
| Exchange: New York Stock Exchange | New York, New York 10178 | |
| Industry: Manufacturing | (212) 986-2440 |
| Type of Shares: | Common Shares | Filing Date: | 11/22/95 | |
| U.S. Shares: | 11,034,134 | Offer Date: | 1/25/96 | |
| Non-U.S. Shares: | 2,758,534 | Filing Range: | $17.00 - $19.00 | |
| Primary Shares: | 0 | Offer Price: | $19.00 | |
| Secondary Shares: | 13,792,668 | Gross Spread: | $1.04 | |
| Offering Amount: | $248,268,024 | Selling: | $0.62 | |
| Expenses: | $1,400,000 | Reallowance: | $0.10 | |
| Shares Out After: | 33,549,983 |
| Manager | Tier | Phone |
| Donaldson, Lufkin & Jenrette Securities Corp. | Lead Manager | (212) 504-4525 |
| CS First Boston | Co-manager | (212) 909-3312 |
| Morgan Stanley & Co. Incorporated | Co-manager | (212) 703-4797 |
| PaineWebber Incorporated | Co-manager | (212) 713-2626 |
| Smith Barney Inc. | Co-manager | (718) 921-8473 |
| Auditor: Deloitte & Touche | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/94 | 10/1/95 | 9/25/94 | 10/1/95 | ||
| Revenue: | $971.63 | $947.97 | $719.40 | Assets: | $1,232.38 |
| Net Income: | $23.73 | $23.74 | $16.23 | Liabilities: | $859.75 |
| EPS: | $0.69 | $0.69 | $0.47 | Equity: | $372.63 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is an industry leader in the management and distribution of print and digital information, with revenues of $1.2 billion for the twelve months ended October 1, 1995. The company is the third largest diversified commercial printer in the United States, providing digital prepress, press, multi-media, binding and distribution services to customers in the magazine, catalog, direct mail, commercial, directory and new media market sectors. Founded in 1903, the company currently operates a national network of 24 production and distribution facilities and an extensive network of sales offices nationwide. Through selective acquisitions and internal expansion, the company has strategically positioned itself as a full-service provider of multiple high technology solutions for its customers' imaging, print and distribution needs. |
| Use of Proceeds |
| The proceeds from the proposed offering will be distributed to the selling shareholders. |
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