RR Donnelley to acquire North American operations of Esselte for $96.5M in cash and stock

|By:, SA News Editor

Esselte is a privately-owned developer and manufacturer of nationally branded and private label office and stationery products.

The purchase price includes cash and up to 1M shares of RR Donnelley (RRD) common stock (Friday close $19.76)

The acquisition is expected to be both deleveraging and accretive to RR Donnelley's EPS within 12 months.