Business Management - Finance/Financial

RRD terminates merger agreement with Atlas, enters into a merger agreement to be acquired by affiliates of Chatham Asset Management.

The RR Donnelley board of directors unanimously determined the unsolicited proposal from Chatham Asset Management to acquire the printer for $10.25 per share in cash constitutes a “Superior Proposal” to the acquisition agreement it signed with Atlas Holdings. But accepting it will bring a hefty $20 million termination fee. Who will be paying that?

In response to an as-of-yet unnamed "strategic party" that offered to acquire RR Donnelley for $10 per share in cash during the "go-shop" period in which the RRD board of directors could field other offers, Chatham announced it is raising its bid for the third time to acquire North America's largest commercial printer. 

We've seen higher paper costs, higher labor costs, and higher postage costs. However, print remains a keystone of an omni-channel marketing campaign, so will higher value follow?

Investing in new and upgraded capabilities is among the most necessary and impactful decisions any leadership team can make. But how do you know when it's the best time for your company to upgrade? Joseph Truncale has five guiding questions for you to consider before making a purchase.

After a highly disruptive 2020, markets have recovered across 2021, according to a new Smithers report. It is anticipated that new demand in packaging and labels and in Asian growth economies will fuel a moderate increase through to 2026.

RRD stockholders will receive $8.52 per share in cash for each share of RRD common stock. But competing bidder Chatham still looms.

President Biden published a revised framework of the Build Back Better plan, his administration’s signature legislation focused on “human infrastructure” (aka social/domestic policy spending).

Despite global supply chain conditions and ongoing COVID-related factors, Xerox reported Q3 revenue remained flat year-over-year. However, an unprecedented level of disruption has led to shortages and transportation delays of Xerox products and third-party IT hardware.

The headlines coming out of the President's address on his Administration’s efforts to find a path out of the pandemic focused on the mandate for COVID-19 vaccines for certain employers. Action item No. 5 of the Path Out of the Pandemic plan garnered less attention, but is still worthy of review by printing companies.