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R. R. Donnelley & Sons Company
RRD and EDGAR Online
EDGR
jointly announced today that they have signed a definitive agreement
pursuant to which RR Donnelley will acquire EDGAR Online, a leading provider
of disclosure management services, financial data and enterprise risk
analytics software and solutions for both corporate and investment
professionals. The deal is valued at approximately $70.5 million, which
includes $1.092 per common share, assumption of debt and payment of an
amount equal to the redemption price of the preferred shares. The
transaction is expected to close during the third quarter of 2012. The
acquisition is expected to be accretive to RR Donnelley's earnings in the
first full year after the closing of the transaction and is subject to
customary closing conditions, including regulatory approval and approval of
EDGAR Online shareholders.
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