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RR Donnelley (RRD) Board Approves LSC Communications, DFS Spinoffs, Reverse Stock Split

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RR Donnelley Board of Directors Approves Spinoffs of LSC Communications and Donnelley Financial Solutions

September 14, 2016 4:15 PM EDT

Separation to be completed October 1, 2016LSC Communications and Donnelley Financial to begin regular way trading on the New York Stock Exchange on October 3, 2016RRD to effectuate 1:3 reverse stock split on October 1, 2016 following the spinoffs

CHICAGO, Sept. 14, 2016 (GLOBE NEWSWIRE) -- R. R. Donnelley & Sons Company (NYSE: RRD) announced today that its board of directors has approved the distribution to its shareholders of approximately 80.75% of the outstanding shares of each of LSC Communications, Inc., a publishing and retail-centric print services and office... More