RRD has terminated the merger agreement with Atlas and announced that it has entered into a definitive merger agreement to be acquired by affiliates of Chatham Asset Management.
The board of RR Donnelley (RRD) has unanimously determined that Chatham Asset Management’s revised proposal to acquire the business constitutes a ‘Superior Proposal’.
RR Donnelley (RRD) has received a revised proposal from its largest investor, Chatham Asset Management, as the bidding war over the future ownership of the company intensifies.