Press Release: R.R. Donnelley Proposes Acquisition of Courier for $23 Per Share
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NORTH CHELMSFORD, Mass.--(BUSINESS WIRE)--Jan. 27, 2015-- Courier Corporation (Nasdaq: CRRC), one of America's leading innovators in book manufacturing, publishing and content management, announced today that it has received a non-binding, unsolicited proposal from R.R. Donnelley & Sons Company (Nasdaq: RRD) to acquire the Company for $23.00 per share in cash or RR Donnelley common stock, subject to proration in the event that shareholders elect to receive more than approximately 49% cash or more than approximately 51% stock. The RR Donnelley proposal is subject to, among other things, various closing conditions, Courier shareholder approval and regulatory approvals.
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- Companies:
- Courier Corp.
- RR Donnelley
- Places:
- Massachusetts
- U.S.
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