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PLM TO ACQUIRE MAILER MAGIC

PLM Group, based in Markham, ON, is to acquire Mailer Magic for $2.8 million in cash and stock. PLM is a commercial printer that offers web and sheet-fed printing as well as graphic and display services. Mailer Magic is a direct mail publishing company based in Mississauga. At the close of the deal, expected to take place Jan. 31, Mailer Magic will become a division of PLM. Mark Fortier, vice-president of business development for PLM, said Mailer Magic's employees have been offered PLM employment contracts. Mailer Magic founder Brian Gagnon will remain with the company during the transition, Fortier said.

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