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Consolidated Graphics to buy Universal Printing

ST. LOUIS (AP) -- Commercial printing company Consolidated Graphics on Wednesday said it signed a letter of intent to buy Universal Printing Co., which will help broaden its reach in the Midwest.

Financial terms were not disclosed.

Universal Printing, a web and sheetfed commercial printing company, has 150 workers and a facility in St. Louis.

Shares of Consolidated Graphics Inc., based in Houston, added 18 cents to $47.60 in light morning trading.