RRD Nets Banta in Shocker
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Donnelley will shell out $1.3 billion, or $36.50 per share after the $16 special dividend previously declared by Banta. It represents $2.50 more per share than the $34 post-dividend offer made by Cenveo. The deal, announced October 31, is subject to approval by the respective board of directors for each company and is expected to close in the first quarter of 2007.
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- Companies:
- Cenveo Graphic Arts Center
- RR Donnelley
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