Printing Industry News for Canada | RSS |
5 August 2015
RR Donnelley to create three independent publicly traded companies
CHICAGO—RR Donnelley & Sons Company has announced plans to create three independent publicly traded companies: one focused on financial communications and data services; one on publishing and retail-centric print services; and one focused on customized multichannel communications management.
"We see a significant opportunity to unlock value by allowing these three businesses to pursue their own strategies and invest according to the unique dynamics of their respective industries,” Thomas J. Quinlan III, RR Donnelley's president and chief executive officer, said. “Each company will have the strategic focus, management resources and capital structure to enable it to strengthen its market position and pursue its growth opportunities, enhancing long-term value for stakeholders."
Visit the website for more details.
"We see a significant opportunity to unlock value by allowing these three businesses to pursue their own strategies and invest according to the unique dynamics of their respective industries,” Thomas J. Quinlan III, RR Donnelley's president and chief executive officer, said. “Each company will have the strategic focus, management resources and capital structure to enable it to strengthen its market position and pursue its growth opportunities, enhancing long-term value for stakeholders."
Visit the website for more details.
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