RR Donnelley’s board formally approved the final conditions of their imminent split into three separately-traded public companies. On October 1, current Donnelley shareholders (as of the record date of September 23) will receive one share of the new LSC Communications and one share of the new Donnelley Financial for every eight shares of RR Donnelley common stock held. LSC is the company that people in the book publishing industry will continue to do business with, providing the traditional print, fulfillment and supply chain services for publishers, merchandisers and retailers, and legacy Donnelly will focus on multichannel marketing communication strategies. The units comprising […]
