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Banta Gets RR Donnelley Buyout

Shares surge 18%.

Banta

(BN)

agreed to a $1.3 billion buyout by

RR Donnelley

TheStreet Recommends

(RRD) - Get R.R. Donnelley & Sons Company Report

.

Shareholders of Menasha, Wis.-based Banta will get $36.50 a share in cash, after a $16 a share special dividend.

Shares rose $7.89 to $52.17.

This story was created through a joint venture between TheStreet.com and IRIS.