RR Donnelley

Commercial printer equipment installations and other news from Printing Impressions' February 2015 edition, featuring Naples Print Source, Imagine! Print Solutions, arvato North America, Premier Graphics, Up2speed Printing, RR Donnelley, DFS, Eastern Advertising Novelty and Proforma Marcom Solutions, Sheridan Books, Modern Litho-St. Louis, Blackburn Manufacturing, Quad/Graphics, Velocity Print Solutions, Think Patented, Ennis Inc. and Kay Toledo Tag/Special Service Partners, The Sheridan Press, Printscape Imaging & Graphics, Graphic Creations, Marketing FX and A. H. Belo.

It appeared that Courier’s roughly 1,500 employees would all be issued Quad/Graphics’ signature dark-blue work shirts to wear—a team-building concept initiated by the late Harry V. Quadracci many years ago. But that’s not how the closing chapter would ultimately be written for North America’s second largest book manufacturer.

If there was any doubt that Courier Corp. is one of the most respected book printers in America, that was put to rest by the January pursuit of the firm by its two chief competitors—RR Donnelley and Quad/Graphics. In the end, Courier Corp. decided that Donnelley's bid was too good to pass up and opted to terminate its agreement with Quad/Graphics. As part of the initial agreement, Quad/Graphics was given the opportunity to match RR Donnelley's offer, but declined to make any new proposal.

It's hard to improve on a winning formula, but EFI continued to raise the bar for its Connect users' conference as illustrated by the 15th annual event held last month. Approximately 1,500 attendees—about 1,000 of them EFI customers from 25 different countries (a 20 percent increase from the previous year)—gathered here at The Wynn Las Vegas for four days filled with more than 200 educational and breakout sessions, as well as several keynote presentations and networking opportunities for attendees.

As many "Today on PIworld" readers probably noticed, the YouTube video link featuring the "fireside chat" between RR Donnelley President and CEO Thomas Quinlan and EFI CEO Guy Gecht from the recent EFI Connect Conference would not play if you clicked on it. Unfortunately, people were getting a message indicating that the video was "private." The video, which was originally posted by EFI, played fine when we tested it prior to yesterday's newsletter launch otherwise, obviously, we would not have included it. We apologize that it didn't work, especially since the video captured a very interesting conversation between the two executives. Thank you for your understanding.

At the EFI Connect 2015 conference held in Las Vegas last week, EFI CEO Guy Gecht held a "fireside chat" with RR Donnelley (RRD) President and CEO Thomas Quinlan III, who rarely participates or speaks at printing industry events.

Courier Corp. announced today that its board of directors has reasonably determined in good faith, after consultation with its independent legal and financial advisors, that the non-binding, unsolicited proposal from RR Donnelley & Sons Company (RRD) to acquire the company for $23.00 per share in cash or RR Donnelley common stock is reasonably likely to result in a "Superior Proposal" as defined in Courier’s merger agreement with Quad/Graphics Inc.

Courier Corp. announced today that it has received a non-binding, unsolicited proposal from RR Donnelley & Sons Company (RRD) to acquire the company for $23.00 per share in cash or RR Donnelley common stock, subject to proration in the event that shareholders elect to receive more than approximately 49 percent cash or more than approximately 51 percent stock.

It’s hard to improve on a winning formula, but EFI continued to raise the bar for its Connect users’ conference as illustrated by the 15th annual event that drew to a close today. Approximately 1,500 attendees gathered at the The Wynn Las Vegas for four days of more than 200 educational and breakout sessions, as well as several keynote presentations and networking opportunities. A major highlight was CEO Guy Gecht's "fireside chat" with RR Donnelley's President and CEO Thomas Quinlan III.

RR Donnelley has been awarded a five-year contract by Janney Montgomery Scott LLC (Janney) to provide post-sale fulfillment and regulatory communications services to investors. Janney is a leading full-service wealth management, financial services and investment banking firm headquartered in Philadelphia.