2006: Year That Was Stranger Than Fiction —Michelson

“Big Bad Wolf” Burton set a Halloween deadline for his takeover proposal, expecting “Little Red Riding Hood” Streeter to fold under the pressure and succumb to his takeover bid—just as the former board of directors at Cenveo had done—averting a special shareholders’ meeting and proxy vote that would surely ensue. But just when it appeared Burton might prevail, in swoops “White Knight” Mark Angelson, RR Donnelley chairman and CEO, to the rescue with a $1.3 billion or $52.50 per share offer ($36.50 per share after the special $16 dividend previously declared by Banta).