Quebecor to Acquire Maxwell Graphics Inc.

Maxwell Graphics Inc. says it will be acquired for $500 million in cash anad securities by Quebecor Inc. of Montreal, a printing, publishing and forest products company.

Maxwell Graphics, a division of Maxwell Communications Corp., which bought the St. Paul-based Webb Companies in 1986, has three printing plants in Minnesota and prints the Sunday newspaper supplement Parade, as well as Time, Sports Illustrated and TV Guide magazines. It moved its U.S. headquarters to St. Paul earlier this year.