RR Donnelley Eyes Bankrupt Quebecor World

CHICAGO—The proposed acquisition of North America's second-largest printer by the biggest of them all would create a giant of unparalleled proportions. The question is, would such a deal be a violation of this nation's antitrust laws? In a sense, would it also be the best thing to happen to the printing industry in years?
The mid-May shocker saw RR Donnelley (RRD) submitting a written indication of interest to acquire the assets and properties of Montreal-based Quebecor World for $1.35 billion in cash and stock. Such a deal, should it become reality, would transform RRD into a roughly $16 billion-a-year concern. The next largest printer would be Cenveo Inc., at about $2.6 billion.