3 March 2022
Chatham Finally Closes RR Donnelly Buy Out
CHICAGO—
Tom  Quinlan , becomes President and CEO . Quinlan served as the CEO of RRD from 2007 to 2016, when RRD was split into three separate companies.
Tom Quinlan , becomes President and CEO . Quinlan served as the CEO of RRD from 2007 to 2016, when RRD was split into three separate companies.
 RR Donnelley’s( RRD) share holders have approved the company’s sale to Chatham Asset Management.
In a special meeting of share holders held on 23 February.  This deal would see Chatham – RRD’s largest investor – acquire all of the outstanding shares of RRD common stock that Chatham does not already own for $10.85 per share in cash. Chatham had to fend off  private equity firm Atlas Holdings multiple times in a bidding war. Atlas offered in November $8.52 per share in cash.Atlas eventually raised its offer to $10.35 per share, before eventually dropping out of the bidding.
Canadian Head Office in Mississauga
Canadian Head Office in Mississauga
RRD’s shares will no longer trade on the New York Stock Exchange, and RRD will become a private company.RR Donnelly is  North America' largest printer and Canada's fifth largest printer according to Graphic Monthly's listing  of Canada's top  printers with sales around $250 million in Canada . RR Donnelly took over Moore Business Forms and all Canadian plants . 
 
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