Chatham Asset Management Sends Letter To R.R. Donnelley (RRD)

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Chatham Asset Management Sends Letter To R.R. Donnelley

April 29, 2021 2:58 PM EDT

CHATHAM, N.J., April 29, 2021 /PRNewswire/ -- Chatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially own approximately 9.8% of the outstanding common stock and which is the largest bondholder of R.R. Donnelley & Sons Company ("RRD" or the "Company") (NYSE: RRD), today sent a letter to RRD Chairman John C. Pope, RRD President and Chief Executive Officer Daniel L. Knotts, and the Company's Board of Directors commending RRD on its recent strong operating performance and outlining proposed actions to further institutionalize the Company's shareholder base to receive proper recognition for this performance... More