Item 8.01 Other Events.
On February 2, 2022, R. R. Donnelley & Sons Company (the Company) issued a press release announcing that a strategic party who
had submitted an unsolicited non-binding and conditional offer to acquire the Company for $11.50 per share has withdrawn its Alternative Acquisition Proposal (as defined in the previously announced Agreement and Plan of Merger, dated as
of December 14, 2021, by and among Chatham Delta Parent, Inc., Chatham Delta Acquisition Sub, Inc. and the Company (the Merger Agreement)), which was previously announced on December 29, 2021 and January 20, 2022. A
copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d)
Exhibits.
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Exhibit No.
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Description of Exhibit
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99.1
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Press Release, dated February 2, 2022
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104
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Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document
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Use of Forward-Looking Statements
This document includes certain forward-looking statements within the meaning of, and subject to the safe harbor created by, the federal securities
laws, including statements related to the proposed acquisition of the Company by affiliates of Chatham Asset Management, LLC (the Transaction). These forward-looking statements are based on the Companys current expectations,
estimates and projections regarding, among other things, the expected date of closing of the Transaction and the potential benefits thereof, its business and industry, managements beliefs and certain assumptions made by the Company, all of
which are subject to change. Forward-looking statements often contain words such as expect, anticipate, intend, aims, plan, believe, could, seek,
see, will, may, would, might, considered, potential, estimate, continue, likely, target or similar expressions or the
negatives of these words or other comparable terminology that convey uncertainty of future events or outcomes. By their nature, forward-looking statements address matters that involve risks and uncertainties because they relate to events and depend
upon future circumstances that may or may not occur, such as the consummation of the Transaction and the anticipated benefits thereof. These and other forward-looking statements are not guarantees of future results and are subject to risks,
uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statements. Important risk factors that may cause such a difference include (i) impediments to the completion of the
Transaction on anticipated terms and timing, including obtaining required stockholder and regulatory approvals and the satisfaction of other conditions to the completion of the Transaction; (ii) significant transaction costs associated with the
Transaction; (iii) potential litigation relating to the Transaction, including the effects of any outcomes related thereto; (iv) the risk that disruptions from the Transaction will harm the Companys business, including current plans
and operations; (v) the ability of the Company to retain and hire key personnel; (vi) potential adverse reactions or changes to business relationships resulting from the announcement or completion of the Transaction;
(vii) legislative, regulatory and economic developments affecting the Companys business; (viii) general economic and market developments and conditions; (ix) the evolving legal, regulatory and tax regimes under which the Company
operates; (x) potential business uncertainty, including changes to existing business relationships, during the pendency of the Transaction that could affect the Companys financial performance; (xi) certain restrictions during the
pendency of the Transaction that may impact the Companys ability to pursue certain business opportunities or strategic transactions; (xii) continued availability of capital and financing and rating agency actions; (xiii) the ability
of affiliates of Chatham Asset Management, LLC to obtain the necessary financing arrangements set forth in the commitment letters received in connection with the Transaction; (xiv) the occurrence of any event, change or other circumstance that
could give rise to the termination of the Transaction, including in circumstances requiring the Company to pay expense reimbursements to affiliates of Chatham Asset Management, LLC under the Merger Agreement; (xv) unpredictability and severity
of catastrophic events, including acts of terrorism, outbreak of war or hostilities, civil unrest, adverse climate or weather events or the COVID-19 pandemic or other public health emergencies, as well as the
Companys response to any of the aforementioned factors; (xvi) competitive responses to the Transaction;