Industry News, Ink Manufacturers News, Mergers and Acquisitions, Printers News

Courier Receives Unsolicited Bid from RR Donnelley

Puts deal with Quad/Graphics in flux

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Courier Corp., one of America’s leading innovators in book manufacturing, publishing and content management, announced today that it has received a non-binding, unsolicited proposal from RR Donnelley & Sons Company (RRD) to acquire the company for $23.00 per share in cash or RR Donnelley common stock, subject to proration in the event that shareholders elect to receive more than approximately 49% cash or more than approximately 51% stock.   The RR Donnelley proposal is subject to, among ot...

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