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RRD Board Approves Chatham Asset Management Acquisition Offer

The RR Donnelley (RRD) board of directors unanimously determined the unsolicited proposal from Chatham Asset Management to acquire the printer for $10.25 per share in cash constitutes a “Superior Proposal” in comparison to the $8.52 per share in cash acquisition agreement RRD signed with Atlas Holdings on Nov. 3, 2021. ....

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RRD Board Pursues Atlas Acquisition Offer, Despite Higher Bids

Aside from the unsolicited proposal RRD received from Chatham Asset Management to acquire it for $9.10 per share in cash, as part of its go-shop” process, North America's largest commercial printer revealed it received an alternative acquisition proposal from an unnamed "strategic party" for $10.00 per share in cash. ....

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Commercial Printer RRD Agrees $2.1 Billion Atlas Holdings Offer

The printing industry acquisition agreement has been unanimously approved by the RRD board of directors. Under the terms of the merger agreement, Atlas Holdings will acquire all of the outstanding shares of RRD common stock, and RRD stockholders will receive $8.52 per share in cash for each share of RRD common stock. ....

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