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Tuesday, November 19, 2013

BRIEF-Chesapeake services limited and Multi Packaging Solutions agree to merge, (NASDAQ: CG)

Carlyle Group LP : * Chesapeake services limited and Multi Packaging Solutions, Inc., portfolio companies of the Carlyle Group and Madison Dearborn partners, LLC,respectively, agree to merge, creating global leader in print-based specialtypackaging * Says combined company will have sales of more than $1.4 billion on a proforma basis * Source text for Eikon * Further company coverage

Shares of CG fell by 0.4% or $-0.13/share to $32.21. In the past year, the shares have traded as low as $23.85 and as high as $37.89. On average, 465906 shares of CG exchange hands on a given day and today's volume is recorded at 139227.