RR Donnelley - Moore Wallace Hart-Scott-Rodino Review Period Expires
Press release from the issuing company
CHICAGO, TORONTO and NEW YORK, Dec. 29 -- RR Donnelley and Moore Wallace Incorporated today announced that the review period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, for the previously announced combination of the two companies has expired.
The companies expect the combination to be completed by the end of the first quarter 2004, subject to certain conditions including approval from RR Donnelley stockholders and Moore Wallace securityholders, Ontario court approval of a plan of arrangement, and Investment Canada approval.
On November 8, 2003, RR Donnelley and Moore Wallace entered into a definitive agreement to create the world's premier full-service commercial printer with more than $8 billion in annual revenues, a leading position in North America and approximately 50,000 employees. The combined company will provide customers with the industry's broadest array of high-quality, long- and short-run print products and solutions, from magazines, telephone directories, books, catalogs, inserts and financial documents, to billing statements, outsourced customer communications, highly personalized direct mail, premedia, print fulfillment, labels, collateral materials, forms and logistics services.
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