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MERRILL CORPORATION ANNOUNCES COMPLETION OF MAY PRINTING ACQUISITION

 ST. PAUL, Minn., Jan. 3 /PRNewswire/ -- Merrill Corporation (NASDAQ: MRLL) today announced that it has completed its acquisition of May Printing in St. Cloud, Minn. May's primary business is providing demand printing and distribution services relating to corporate identity and direct marketing programs for nationwide companies such as realty networks and other national franchise operations. May, with annual revenue of approximately $28 million, was acquired by Merrill for approximately $25 million including certain assumed liabilities. Sellers of the 78 year old May Printing are Scott May and Thomas L. May. Scott May will remain with the company while Tom May is leaving to pursue other interests.
 John Castro, president and CEO of Merrill said of the acquisition, "Our due diligence proceeded very smoothly and quickly. As we've learned more about May, their outstanding service and strong client relationships, we've become even more enthused about adding them to the Merrill organization."
 John Caye, president of May Printing said, "Many of our employees were involved during the due diligence process and had an opportunity to meet a number of Merrill people. Our employees are very pleased about the opportunities that this acquisition represents."
 Merrill Corporation is a leading provider of on-demand, 24-hour-per- day typesetting, printing, document reproduction, imaging and distribution services to financial, legal, corporate, commercial and insurance markets, worldwide.
 -0- 1/3/94
 /CONTACT: Melissa Quinn of Padilla Speer Beardsley, 612-871-8877, for Merrill; or John McCain of Merrill, 612-649-1262/
 (MRLL)


CO: Merrill Corporation; May Printing ST: Minnesota IN: PUB SU: TNM

AL -- MN004 -- 8397 01/03/94 08:47 EST
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Publication:PR Newswire
Date:Jan 3, 1994
Words:259
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