Banta Looks Toward Future
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Streeter also has $7.2 million worth of Banta stock.
It’s in the interest of both parties to complete the acquisition, expected to close by the end of March 2007. Banta gets $17.1 million if Donnelley breaks the deal, while Donnelley would reap $34.2 million—and up to $4 million in expenses—if Banta backs out.
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- Companies:
- RR Donnelley
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