Industry News, Mergers and Acquisitions, Printers News

RRD Confirms Receipt of Revised Proposal from Chatham Asset Management

Chatham is looking to acquire all of the outstanding shares of RRD for $9.10 per share in cash.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

R.R. Donnelley & Sons Company (RRD) on Nov. 3, 2021 announced it entered into a definitive merger agreement to be acquired by affiliates of Atlas Holdings LLC for $8.52 per share in cash for each share of RRD common stock. RRD announced that it has received a proposal from Chatham Asset Management, LLC to acquire all of the outstanding shares of RRD not already owned by Chatham for $9.10 per share in cash. The RRD Board of Directors, consistent with its fiduciary duties and in accordance w...

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