Chatham Asset Management Offers To Acquire R.R. Donnelley For $10.25 Per Share In Cash

Author's Avatar
Nov 29, 2021

Chatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially own approximately 14.9% of the outstanding common stock of R.R. Donnelley & Sons Company ("RRD" or the "Company") (NYSE: RRD) and which is the largest bondholder of the Company, today responded to a press release issued by RRD regarding the expiration of its “go-shop” period and receipt of an offer from a strategic party to acquire RRD at a price equal to $10.00 per share in cash.