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As the bidding war over the future ownership of RR Donnelley rumbles on, the company’s board has now unanimously determined that Chatham Asset Management’s increased offer constitutes a ‘Superior Proposal’.
10.12.2021 - R.R. Donnelley & Sons Company (NYSE: RRD) (“RRD” or the “Company”) announced today that its Board of Directors (the “Board”) unanimously determined that an unsolicited proposal from Chatham Asset Management, LLC (“Chatham”) to acquire all of the ... Seite 1
RRD Board Unanimously Determines that Chatham's Unsolicited Proposal to Acquire RRD for $10.85 Per Share in Cash Constitutes a "Superior Proposal" ... | December 10, 2021
RRD announced it has accepted a proposal from affiliates of Atlas Holdings LLC to increase the price per share of their pending acquisition of North America's largest commercial printer to $10.35 per share in cash.
RR Donnelley (RRD) has accepted a revised proposal from affiliates of Atlas Holdings to increase the price per share of its pending acquisition of the business but has already received an increased offer in response from Chatham Asset Management, its largest investor.