Chatham Asset Management Increases Offer to Acquire R.R. Donnelley to $10.85 Per Share in Cash

Author's Avatar
Dec 09, 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, responded to a press release issued today by RRD regarding its acceptance of a revised proposal from affiliates of Atlas Holdings LLC (“Atlas”) to acquire the Company for $10.35 per share in cash.