Thursday, May 14, 2009

R.R. Donnelley wants to Buy Competitor Quebecor World

R.R. Donnelley has offered to acquire Quebecor World. Donnelley is offering approximately $1.35 billion for its rival; $700 million in cash, $394 million of Donnelley’s shares (based on Monday’s closing price) and $275 million of cash on Quebecor’s balance sheet.

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