RR Donnelley

On this episode of The Week that Was, the RRD acquisition story continues; IWCO Direct has ordered seven HP PageWide presses; and Moore announced the acquisition of Tri-State Envelope.

In response to a revised proposal from affiliates of Atlas Holdings, Chatham Asset Management has increased its offer to acquire RRD.

RRD has amended the Company’s existing stockholder rights plan to extend its final expiration date to August 28, 2022.

The amendment raises from 10% to 15% the level of beneficial ownership of RRD common stock.

RRD announced the pricing of an add-on offering of $50 million aggregate principal amount of the company’s 6.125% senior secured notes.

RR Donnelley reported an operating cash flow $61 million better in the quarter than in the prior year, but a 3.6% decline in net sales.

RR Donnelley completed an amendment to the credit agreement for its senior secured asset-based revolving credit facility.

RR Donnelley announced the pricing of an offering of $400 million aggregate principal amount of 6.125%.

“We delivered a strong fourth quarter to finish an extraordinary year,” said Dan Knotts, RR Donnelley president and CEO.

RRD announced it will expand its North American production capabilities to support the trading card and collectible card game industry.