Banta Gets RR Donnelley Buyout

Shares surge 18%.
Author:
Publish date:

Banta

(BN)

agreed to a $1.3 billion buyout by

RR Donnelley

(RRD) - Get 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.