Donnelley, Moore Finalizing Deal

Special meetings for stockholders and securityholders have been called for February 23 by RR Donnelley and Moore Wallace in connection with the planned combination of the two companies, which was announced in November. On January 20, the companies said they expected to close the transaction by the end of this month, subject to all closing conditions.

The transaction is expected to create the world's largest global commercial printer, with more than $8 billion in annual revenues. The company is to retain the RR Donnelley name; it will be based in Chicago and be headed by Mark A. Angelson, chief executive of Moore Wallace.

The entity, say the companies, will be equipped to provide customers with the industry's broadest array of high-quality, long- and short-run print products and solutions, from magazines, telephone directories, books, catalogs and inserts to billing statements, outsourced customer communications, highly personalized direct mail, premedia, print fulfillment, labels, collateral materials, forms, and logistics services.

Donnelley and Moore Wallace shareholders are to own, respectively, 53% and 47% of the combined company.