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Unanimously determines that Chatham’s unsolicited proposal to acquire RRD for $10.25 per share in cash constitutes a ‘superior proposal.’
December 2, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
R.R. Donnelley & Sons Company (RRD) announced that its Board of Directors unanimously determined that an unsolicited proposal from Chatham Asset Management, LLC to acquire all of the common stock of the company not already owned by Chatham and its affiliates for $10.25 per share in cash constitutes a Superior Proposal as defined in the company’s previously announced definitive merger agreement with affiliates of Atlas Holdings LLC (“Atlas”), dated as of Nov. 3, 2021. Under the terms of the ...
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