LSC Communications Acquires TriLiteral LLC

R. R. Donnelley & Sons Company announced that its Board of Directors has approved an amendment of the Company’s stockholder rights plan. The amendment raises from 10% to 15% the level of beneficial ownership of RRD common stock the acquisition of which by a person or group (other than certain passive institutional investors) would result in the rights becoming exercisable. The Rights Plan is scheduled to expire on August 28, 2021. The Board has noted that, in light of present circumstances, there is continuing potential for one or more persons or groups to gain undue influence over or control of RRD through open market accumulations or other tactics. Accordingly, the Board expects that under current circumstances it would approve an extension of the Rights Plan and submit the Rights Plan to stockholders for ratification at the Company’s 2022 annual meeting of stockholders. As currently contemplated by the Board, if such stockholder ratification were obtained, the Rights Plan as so extended would expire on August 28, 2022; otherwise, the Rights Plan would expire at the close of business on the first business day following the certification of the voting results for the Company’s 2022 annual meeting of stockholders. The intent of the Rights Plan is to promote the best interests of all stockholders, and, if the Rights Plan is extended in August of this year, all stockholders will have the opportunity to vote on the Rights Plan in May 2022 at the Company’s 2022 annual meeting of stockholders.

Konica Minolta Business Solutions U.S.A. has announced a partnership with Epic Products International, an Arlington, Texas-based designer and manufacturer of equipment that enhances the quality and productivity of the printing process. The venture will enhance Konica Minolta’s AccurioJet KM-1 program, which markets and promotes the KM-1 to print providers worldwide. Founded more than 40 years ago, Epic specializes in coating systems for offset and digital printing, which run in-line or near-line in both web and sheetfed press configurations. The Epic CT-750 system is known for its high performance and versatility. It supports UV, aqueous and specialty coatings such as soft touch and blister, as well as spot coating. This solution is capable of running near-line or in-line at press speeds. The Epic coater can provide protection and appeal to every printed sheet. Click Read More below for additional information.

In response to election-year political gridlock on common sense reform for the struggling United States Postal Service, I sent the following letter to roughly 300 U.S. Senators and Representatives this week. This isn’t just a matter for the postal industry — it’s in the best interest of the nation’s overall economy. Dear Senator: Quad was founded by my father in 1971, when he took out a second mortgage on our home and he along with a handful of dedicated partners opened the doors to what today has grown into the nation’s largest long-run printer with nearly 20,000 employees spanning across 20 states. I was two years old when Quad began, so I have quite literally grown up as part of the industry. My father’s vision has transformed many lives through hard work, dedication and smart business. However, that vision would not have happened without the tremendous partnership Quad has forged with the United States Postal Service. Today, Quad mails more than 10 billion pieces of mail each year on behalf of our clients. This accounts for 13% of the overall marketing mail volume in the country. The USPS continues to be a vital partner to the mailing/marketing industry — an industry that is comprised of retailers, marketers, catalogers, directories, direct mailers, magazine and book publishers along with paper manufacturers, timber producers and many others. The industry employs over 7 million people and accounts for $1.6 trillion of economic activity on par with industries such as air travel, automotive and oil and gas. The industry provides family supporting jobs throughout the country and over 90% of the Postal Service’s revenue. Leading Quad at this critical time gives me a sense of urgency in knowing that the future of our industry is at stake if our leaders do not act in our best interest.