Daniell Knotts News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Largest RR Donnelley (RRD) Bondholder Threatens Proxy War
piworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from piworld.com Daily Mail and Mail on Sunday newspapers.
Chatham Asset Management Sends Letter to R R Donnelley Board of Directors Detailing Ways to Unlock Significant Stockholder Value
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
Share this article
Share this article
CHATHAM, N.J., April 29, 2021 /PRNewswire/ Chatham Asset Management, LLC ( Chatham ), a private investment firm which manages funds that beneficially own approximately 9.8% of the outstanding common stock and which is the largest bondholder of R.R. Donnelley & Sons Company ( RRD or the Company ) (NYSE: RRD), today sent a letter to RRD Chairman John C. Pope, RRD President and Chief Executive Officer Daniel L. Knotts, and the Company s Board of Directors commending RRD on its recent strong operating performance and outlining proposed actions to further institutionalize the Company s shareholder base to receive proper recognition for this performance from the equity markets.