Dallas, Texas 01/01/2014 (FINANCIALSTRENDS) – The mid December of 2013 saw RR Donnelley & Sons Co (NASDAQ:RRD) and consolidated graphics, Inc. jointly announcing the expiration of the wating period of the previously announced merger agreement. Under this agreement, RR Donnelley & Sons Co will buy all the outstanding common-stock of Consolidated Graphics. The waiting period for this expired on 13 December.
The last trading session saw a rise of 0.31% in the share price of the RR Donnelley & Sons Co. initially the shares opened at $19.14 and went up to $19.44 and finally closed at $19.18. If we talk about the day’s volume there were over 0.671 million shares that were traded. The 52 week low of RR Donnelley & Sons Co. is $8.54 and the 52 week high is $19.80. The current market capitalization of RR Donnelley & Sons Co. is #3.49 billion. Many industry analysts have given a hold rating on this stock as company’s 4th quarter results will be out soon and there is a chance of 5.79% increase from the current share price value of the RR Donnelley & Sons Co.
Overview of RR Donnelley & Sons Co (NASDAQ:RRD)
RR Donnelley & Sons Co (NASDAQ:RRD) is a global provider of integrated communications and there are different segments that are involved with the company such as 5th U.S. print and related services segment, the corporate and the international segment. The first one that is U.S. print and related services segment mainly covers the RR Donnelley & Sons Co.’s U.S. printing operations.
There is only one integrated platform that is involved in it that includes everything such as logistics, printing, pre-media, management, and some other print related services. The company also has international operations in Asia, Latin America, and Canada and across Europe. Company also acquired Presort Solutions in December 2012 in order to expand its operations.