Chatham Asset Management completed the acquisition of RR Donnelley for $2.3bn.

Chatham Asset Management, a private investment firm, completed the acquisition of RR Donnelley, an integrated communications company, for $2.3bn. Chatham Asset Management acquired all of the outstanding shares of RRD common stock for $10.85 per share in cash. “We are excited about the next chapter in RRD’s journey, and I am personally thrilled to be leading the Company once again. Importantly, I am grateful to RRD’s employees, whose dedication and hard work have contributed to the Company’s success and momentum. Together with Chatham, we expect we will remain the industry leader in marketing and business communications and continue to meet the evolving needs of our clients," Thomas Quinlan, RRD President and CEO.