Transcontinental Inc. Announces Results for the Third Quarter of Fiscal 2024

R.R. Donnelley & Sons Company on November 3, 2021 announced it entered into a definitive merger agreement to be acquired by affiliates of Atlas Holdings LLC for $8.52 per share in cash for each share of RRD common stock. RRD announced on 11/16/2021 that it has received a proposal from Chatham Asset Management, LLC to acquire all of the outstanding shares of RRD not already owned by Chatham for $9.10 per share in cash. The RRD Board of Directors, consistent with its fiduciary duties and in accordance with the terms of its merger agreement with Atlas, will carefully review and consider the Revised Proposal to determine the course of action that it believes is in the best interests of the Company and RRD shareholders. RRD shareholders do not need to take any action at this time and the RRD Board of Directors has not yet made any determination with respect to the Revised Proposal. Centerview Partners LLC is serving as financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal advisor to RRD.

With the backdrop of snow-capped mountains in the distance, customers of Hudson Printing in Salt Lake City entered the commercial printer's 120,000-sq.-ft. facility on May 5 for its first-ever open house. The event was intended to give attendees a tour of the facility, as well as a peek at the company's new Landa S10P nanographic printing press with perfector, which has been up and running since November 2021. Although seeing the Landa S10P running in person was a major draw during the event, Hudson Printing also announced that the 113-year-old company would in fact be installing a second Landa S10P later this year. Paul Hudson, CEO of Hudson Printing, explained that the company does a large amount of personalization printing, an area in which the Landa press has proven to be a success.

TC Transcontinental announced that it has developed an innovative leaflet for Montréal that will reduce the volume of paper from flyers by nearly 60% and eliminate plastic entirely. This new product is a thin leaflet folded in four that combines flyers from various retailers into a single printed product with a limited number of pages. It will be accompanied by a digital platform that will include a wider set of promotional offerings for consumers. “Our new solution for Montréal is designed to meet the evolving needs and expectations of consumers and retailers, maintain healthy competition on prices, and bring environmental benefits exceeding the City of Montréal’s stated source reduction objectives,” said Patrick Brayley, Senior Vice-President, Premedia, Distribution and In-Store Marketing at TC Transcontinental. “Research shows that most consumers continue to rely on printed flyers to plan their visits to local stores. Flyers help Montrealers fight inflation and save up to $1,500 a year. We have paid close attention to the dialogue surrounding our offering in recent years and trust this innovation, together with our new digital platform, will deliver on the expectations of all stakeholders.”