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RRD and Bowne Extend Merger Timeline |
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Written by PrintAction Staff
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Tuesday, 26 October 2010 |
After signing an intent to merge in February 2010, R.R. Donnelley and Bowne yesterday announced that the termination date of the merger agreement has been extended from October 23, 2010, to January 23, 2011.
 RR Donnelley and Bowne previously disclosed on May 12, 2010, that each had received a request for additional information (commonly known as a "second request") from the Federal Trade Commission under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
Completion of the transaction remains subject to the expiration or termination of the waiting period under the HSR Act and other customary closing conditions. RRD and Bowne expect the transaction to close during 2010.
RRD claims to work with more than 60,000 customers worldwide, while Bowne employs 2,700 people around the globe in 50 offices.
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