RRD Provides an Update on the Unsolicited Non-Binding Proposal From the "Strategic Party" to Acquire RRD

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Jan 20, 2022

R.R. Donnelley & Sons Company (NYSE: RRD) (“RRD” or the “Company”) announced today the receipt of an update to the unsolicited non-binding “Alternative Acquisition Proposal” (as defined in the Company’s previously announced definitive merger agreement with affiliates of Chatham Asset Management, LLC (“Chatham”), dated as of December 14, 2021 (the “Chatham Merger Agreement”)), received from the strategic party (the “Strategic Party,” and such update to the proposal, the “Updated Strategic Party Proposal”) on December 27, 2021 (the “Strategic Party Proposal”).