R.R. Donnelley Shares Rise After Board Reaffirms Atlas Deal Recommendation [MarketWatch]
R.R. Donnelley & Sons Company (RRD)
US:NASDAQ Investor Relations:
rrdonnelley.com
Company Research
Source: MarketWatch
offer from Atlas Holdings LLC and said its board rejected all alternative acquisition agreements at this time. At 10:43 a.m. ET, its shares were 9.4% higher at $10.15. A "go-shop" clause allowing the company to solicit other offers has now expired and the communications and marketing company said its board determined that there were no assurances that a deal could be reached or consummated based on rival approaches from Chatham Asset Management LLC and an unnamed strategic party. Affiliates of Atlas have offered to acquire the company for a $8.52 a share in cash. R.R. Donnelley in mid-November received an unsolicited proposal from Chatham offering $9.10 a share cash, and it said that in late November it received an alternative acquisition proposal from a strategic party for $10 a share cash. R.R. Donnelley said that its board reaffirmed its recommendation of the merger agreement with Atlas, and that the company is complying with the terms and conditions of the agreement. The
Show less
Read more
Impact Snapshot
Event Time:
RRD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RRD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RRD alerts
High impacting R.R. Donnelley & Sons Company news events
Weekly update
A roundup of the hottest topics