Provides Attractive Value to Stockholders
CHICAGO--(BUSINESS WIRE)-- R.R. Donnelley & Sons Company (“RRD”) (NYSE:RRD) today announced that it has entered into a definitive merger agreement to be acquired
hatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially own approximately 14.9% of the outstanding common stock of R.R.
Companies Reporting Before The Bell
• R.R.Donnelley & Sons (NYSE:RRD) is likely to report quarterly earnings at $0.32 per share on revenue of $1.19 billion.
Toward the end of trading Tuesday, the Dow traded down 0.13% to 34,450.01 while the NASDAQ rose 0.01% to 14,486.37. The S&P also fell, dropping 0.10% to 4,356.92.
Midway through trading Tuesday, the Dow traded down 0.18% to 34,434.80 while the NASDAQ fell 0.14% to 14,466.15. The S&P also fell, dropping 0.19% to 4,352.77.
R.R. Donnelley & Sons Company (NYSE:RRD) ("RRD" or the "Company") today announced that it has received an unsolicited proposal from Chatham Asset Management, LLC ("Chatham") to acquire
R.R. Donnelley & Sons Co (NYSE: RRD) is trading significantly higher Tuesday after Chatham Asset Management submitted an offer to acquire all common stock of R.R. Donnelley & Sons not already owned by Chatham for $7.50 per share in cash.