Trend Offset Printing and LSC Communications Enter into a Definitive Agreement for Trend to Acquire LSC’s Retail Offset Printing Facilities

R.R. Donnelley & Sons Company announced the receipt of an update to the unsolicited non-binding “Alternative Acquisition Proposal”, received from the strategic party (the “Strategic Party,” and such update to the proposal, the “Updated Strategic Party Proposal”) on December 27, 2021. On January 3, 2022, the Strategic Party had indicated to RRD that it was targeting January 21, 2022 for a submission of a binding proposal. In lieu of submitting a binding proposal, the Strategic Party delivered the non-binding Updated Strategic Party Proposal, which provides for the following, among other terms and conditions: *Value: Increases the offered price to $11.50 per share in cash. Previously, the offered price by the Strategic Party was $11.00 per share in cash. *Due Diligence: States that the Strategic Party has substantially completed its financial, legal, tax and other due diligence on RRD and its business. *Committed Financing and Timing: Does not include committed debt and equity financing and states that the Strategic Party requires an additional three weeks to obtain committed financing (February 8, 2022). *Chatham-Related Covenants: Removes the previously included conditions to the execution of the proposed Strategic Party merger agreement that required Chatham to release and dismiss Chatham’s litigation and claims made against RRD, and to vote its shares of RRD common stock to approve the Strategic Party merger agreement. *Non-Binding and Conditional: The Updated Strategic Party Proposal remains non-binding and subject to certain terms and conditions.

SG360°, an industry-leading provider of performance-driven direct marketing solutions, announced that effective immediately, the SG360° Board has appointed Edward (Ed) Carroll permanent President and Chief Executive Officer. Mr. Carroll assumes these responsibilities from Interim CEO James (Jim) Andersen. Prior to his appointment as CEO, Mr. Carroll was Chief Financial Officer at SG360°, having joined SG360° in September of 2021. Prior to SG360°, Mr. Carroll held positions as CEO and CFO in a variety of industries, including manufacturing, distribution, and technology. He began his career as an officer in the United States Navy. Mr. Carroll is a graduate of the United States Naval Academy and earned his MBA at the University of Chicago. He is a CPA and a Lean Six Sigma Black Belt.

It goes without saying that innovation has helped to propel Quad/Graphics, headquartered in Sussex, Wis., to the No. 2 spot on the Printing Impressions 400 list of the largest U.S. and Canadian printing companies. Quad’s dedication to technical innovation is second to none. In its unique approach to providing workplace health care, the company leads not only its own industry, but offers a model for the U.S. manufacturing sector as a whole. This is the legacy of QuadMed, first envisioned by Quad/Graphics founder Harry V. Quadracci in 1990. A year later, he opened the first of what is today a network of 100 on-site clinics in 22 states serving more than 350,000 employees and family members — everyone who works for Quad/Graphics, as well as employees of companies including General Mills, Dow Chemical, Huntington Ingalls and Miller Coors. Joel Quadracci, the current chairman, president and CEO of Quad/Graphics, explains that QuadMed is a self-insured health care program that situates primary care, preventative care and occupational health and wellness services in the workplace, where employees can access them most readily. In the clinics, doctors and other health care professionals spend ample time getting to know their patients and giving them the resources they need to take better care of themselves. Click Read More below for more of the story.