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Vertis files for Chapter 11 as Quad/Graphics bids to buy assets

Quad/Graphics has announced a $258.5m (161m) bid for rival direct marketing business Vertis Holdings as the latter filed for Chapter 11 "to facilitate the intended sale".

Alderson brothers: no phoenixes from APG

Ron and Peter Alderson have ruled out the possibility of a 'phoenix' of any of the group's insolvent print businesses, following speculation about a number of new companies connected to senior managers at the group.

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