RR Donnelley to Acquire EDGAR Online, a Provider of Financial Data and Analytics: R. R. Donnelley & Sons and EDGAR Online have signed a definitive agreement for RR Donnelley to 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. The transaction is expected to close during the third quarter of 2012.
Tuesday, May 22, 2012
Manistique Owner Completes Equity Offer
A partnership sponsored by The Watermill Group completed a $4 million equity offering.
Watermill-MPI
Partners, L.P. attracted 42
unspecified investors, according to the related SEC filing.
Union Hopes for Second Chance with Kruger
The union representing workers at a troubled Kruger newsprint mill in western Newfoundland says it is hoping to arrange a second
vote on pension reform that might keep Corner Brook Pulp and Paper running.
Quad/Graphics' Depew Under Sale Contract
Former Quad/Graphics building is under contract for purchase:
Quad/Graphics’ former plant in Depew may soon have a new owner.
The 850,000-square-foot facility is under contract to a prospective buyer, said Richard Schechter, senior director with Pyramid Brokerage Co.’s Buffalo office. Pyramid has marketed the property for sale.
Quad/Graphics’ former plant in Depew may soon have a new owner.
The 850,000-square-foot facility is under contract to a prospective buyer, said Richard Schechter, senior director with Pyramid Brokerage Co.’s Buffalo office. Pyramid has marketed the property for sale.
Forbes Launches New Title
Forbes Media plans to debut Forbes Brazil,
which will be published in Portuguese, in July. The publisher is launching the
new magazine, its 22nd international edition, in partnership with BPP LTDA,
which is also publishes Billboard Brazil.
RDA Asking Bondholders to Accept Offer
Reader’s Digest Association CEO Robert Guth is asking bondholders to
take a 5% haircut on its senior debt. Nearly $60.7 million has been earmarked for
the tender offer. The company said yesterday that it was giving bondholders
until June 14 to decide whether to accept the take-it-or-leave-it offer on
senior secured notes due in 2017.
The publisher of the iconic Reader’s Digest,
which is published in 78 countries, is using proceeds from its recent sale of
Allrecipes.com for $175 million to pay off the bondholders.
DMA Not Looking for New CEO
Linda Woolley, named last week as acting president-CEO
of the Direct Marketing Association following the resignation of Larry Kimmel,
may be in that role for quite a while. Woolley told BtoB that there is
no official search process in place to seek a permanent operational head for
DMA.
'House Beautiful' First with Print to Pinterest
'House Beautiful' becomes first Pinterest-enabled print magazine: 'House Beautiful' readers can now pin images directly from the print magazine to Pinterest using a new solution from Digimarc Corporation.
Houghton Mifflin Harcourt Files for Bankruptcy
Houghton Mifflin Harcourt Officially Files Chapter 11 Bankruptcy: Houghton Mifflin Harcourt Publishers Inc filed for Chapter 11 bankruptcy protection on Monday after the struggling textbook publisher agreed with its creditors to eliminate about $3.1 billion of debt.
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