SG360°: Powering Direct Mail Communications with Digital Print and Next Generation Inkjet (piworld.com)

R.R. Donnelley & Sons Company issued the following statement regarding the Schedule 13D filed on July 28, 2021 by Chatham Asset Management, LLC with the Securities and Exchange Commission disclosing, among other things, its current holdings of common shares and debt of RRD. RRD is open to constructive input from any of its stockholders and has been engaged in frequent dialogue with Chatham for more than two years. In addition, the Company’s Board of Directors and management continue to work extensively with external advisors to review strategic opportunities, including monetizing assets to unlock the intrinsic value of RRD. Since July 31, 2020, RRD has successfully executed the following transactions to accelerate its debt and leverage reduction: *In November 2020, RRD completed the sales of its two remaining Logistics businesses for $238 million with the assistance of an external advisor. *In December 2020, RRD generated $96 million in proceeds from liquidating certain insurance policies. *RRD completed nine real estate sales yielding proceeds of $22 million.

CJK Group, led by CEO Chris Kurtzman, is a largely unknown, low-profile industry conglomerate that's been methodically consolidating the book manufacturing market. But the entity can no longer fly under the radar screen as it sounds another "Bang!" ... no pun intended ... with yet another major M&A transaction. The latest acquisition by Brainerd, Minn.-based Bang Printing and its holding company, CJK Group, is the assets of Webcrafters, a 270-employee, Madison, Wis., printer that caters to the educational publishing community as a manufacturer of textbooks, workbooks, teacher and student guides, and related educational support materials. Terms of the definitive agreement reached between the two privately-held companies were not disclosed. CJK Group is the holding company for Bang Printing, a manufacturer of books, catalogs, publications and fulfillment services in Brainerd, Minn., and Palmdale, Calif., which has already acquired Hess Print Solutions in Brimfield, Ohio; Sentinel Printing, St. Cloud, Minn.; Victor Graphics in Baltimore; Sinclair Printing, Los Angeles; and The Sheridan Group with production facilities in Waterbury, Vt., Hanover, N.H., Hanover, Pa., Chelsea, Mich., and a corporate office in Hunt Valley, Md. Prior to Webcrafters, CJK Group's most recent acquisition comprised the $196.5 million, 1,000-employee Sheridan Group this past April. Click Read More below for additional detail.

American Bible Society, a 205-year-old Christian ministry and Bible publisher, entrusted Sheridan with the printing of their new commemorative Faith and Liberty Bible to coincide with the May 1, 2021 opening of the Faith and Liberty Discovery Center located on Philadelphia’s Independence Mall. Both the Faith and Liberty Bible and the Faith and Liberty Discovery Center serve as educational resources to explore the Bible’s integral role in American history—illuminating the influence of the Bible on individuals in key historical and personal moments. “The Faith and Liberty Bible allows readers to uncover the significant influence of the Bible on the American experience. Each of the 813 included articles and quotes were reviewed by a team of scholars of American history, law, and religion,” says American Bible Society Managing Director of Ministry Impact – Operations, John Greco. “Sheridan did a magnificent job of bringing this beautiful Bible to life.” Utilizing Sheridan’s high quality, four color, web offset printing capabilities, the role of the Bible in America’s history is told with each turn of the page.