Printers warn on growing paper shortages (ft.com)

R.R. Donnelley & Sons Company announced that it has received an unsolicited proposal from Chatham Asset Management, LLC ("Chatham") to acquire all of the outstanding shares of RRD for $7.50 per share in cash. Consistent with its fiduciary duties, and in consultation with its independent financial and legal advisors, the RRD Board of Directors will carefully review and consider the Chatham 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.

Quad/Graphics, Inc. announced it has completed the sale of its former Oklahoma City, OK, and Fernley, NV, manufacturing facilities to affiliates of Industrial Realty Group, LLC, one of the country’s largest owners of commercial and industrial properties, for combined net proceeds of $58.6 million. Quad will use proceeds from the sale to reduce debt and continue accelerating its competitive position as a marketing solutions partner.

Sun Chemical will increase prices across selected parts of its pigments, dyes and preparations portfolio, effective February 14, 2022 or as contracts allow. The price increase affects all market segments. “We need to take this action due to the current market conditions,” said Stefan Sütterlin, President of Sun Chemical’s Color Materials division. “Sun Chemical values the relationship we have with our business partners, and we remain committed to continuous cost and productivity improvement programs designed to keep our cost drivers under control and provide maximum value to our customers. However, the unprecedented magnitude and speed of increases in materials forces us to pass on higher cost to our customers.”