BtoB

Donnelley increases offer for Quebecor

Published on .

Reprints Reprints

Chicago—Printing giant R.R. Donnelley Monday upped its offer for rival Quebecor World, which is currently operating under bankruptcy protection.

In a letter to Quebecor, Donnelley increased its cash and stock offer to about $1.8 billion, up from the original offer of $1.35 billion, which was tendered May 12.

In the letter, Thomas J. Quinlan III, R.R. Donnelley’s president-CEO, gave Quebecor until Wednesday to respond to the offer.

Quebecor is contemplating changing its name to Novink when it emerges from bankruptcy protection, according to various media reports.

In this article:
Most Popular