Dec 14 (Reuters) PDF EBOOK – Search and download PDF files for free. Printing company RR Donnelley & Sons said on Tuesday it had agreed to be acquired by top shareholder Chatham Asset Management for roughly $897 million, terminating an earlier deal with Atlas Holdings.
Chatham, which owns a 14.9% stake in RR Donnelley, on Dec.9 had offered to buy the remaining stock in the company for $10.85 per share in cash.
That represented a premium of less than 1% over RR Donnelley’s close on Thursday.
Last week, Atlas revised its bid for the printing firm to $10.35 per share.
The deal is yet to receive shareholder approval.(Reporting by Akash Sriram in Bengaluru; Editing by Ramakrishnan M.)