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Largest RR Donnelley (RRD) Bondholder Threatens Proxy War

Largest RR Donnelley (RRD) Bondholder Threatens Proxy War
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Chatham Asset Management Sends Letter to R R Donnelley Board of Directors Detailing Ways to Unlock Significant Stockholder Value

Chatham Asset Management Sends Letter to R R Donnelley Board of Directors Detailing Ways to Unlock Significant Stockholder Value
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Chatham Asset Management Sends Letter To R R Donnelley

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.

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