R.R. Donnelley to Acquire Cardinal Brands
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CHICAGO—R.R. Donnelley & Sons has signed a definitive agreement to acquire Cardinal Brands, a privately owned manufacturer of document-related products, such as business forms, three-ring binders, albums and storage solutions. The all cash deal—$130 million before reduction for repayment of indebtedness, retirement of preferred stock and other items—is expected to close in the fourth quarter of 2007.
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