By Lisa Kerner
Charlotte, N.C., Jan. 9 - R.R. Donnelley & Sons Co. said it has completed the $1.3 billion purchase of Banta Corp.
On Oct. 31, R.R. Donnelley announced the agreement to acquire the Menasha, Wis.-based printer for $36.50 per share. The agreement, approved by the boards of directors of both companies, included a $34.2 million termination fee and was expected to close in the first quarter of 2007, according to a news release.
R.R. Donnelley is a Chicago-based full-service provider of print and related services.
| Acquirer: | R.R. Donnelley & Sons Co.
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| Target: | Banta Corp.
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| Payment per share: | $36.50
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| Termination fee: | $34.2 million
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| Announcement date: | Oct. 31
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| Stock price for target: | NYSE: BN; $36.47 on Jan. 8
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