RR Donnelley

From Wikipedia, the free encyclopedia - View original article

R.R. Donnelley & Sons Company
TypePublic
Traded asNASDAQRRD
IndustryCommercial Printing
Founded1864
Headquarters111 South Wacker Drive
Chicago, Illinois, U.S.
Key peopleTom Quinlan, CEO
Revenue$10.4 Billion USD (FY2012)
 
Jump to: navigation, search
R.R. Donnelley & Sons Company
TypePublic
Traded asNASDAQRRD
IndustryCommercial Printing
Founded1864
Headquarters111 South Wacker Drive
Chicago, Illinois, U.S.
Key peopleTom Quinlan, CEO
Revenue$10.4 Billion USD (FY2012)
111 South Wacker Drive, the headquarters

RR Donnelley is a Fortune 500 company that provides print and related services. Its corporate headquarters are located at 111 S. Wacker Drive, Chicago, Illinois, USA.

History[edit]

The company, legally known as R.R. Donnelley & Sons Company, was founded in 1864 by Richard Robert Donnelley. His son, Reuben H. Donnelley, founded the otherwise unrelated company R. H. Donnelley.[2]

RR Donnelley's cartographic production facility was for many years one of the largest in the United States. In the late 1960s, the division was spun off as a separate company, Geosystems, which in turn became MapQuest.

Business acquisitions and mergers[edit]

Throughout its history, particularly in the 1990s and 2000s, RR Donnelley purchased a number of other companies outright, steadily increasing in size. In February 2004, RR Donnelley merged with Moore Wallace Inc., keeping the name RR Donnelley as the name of the combined companies. Donnelley went on to purchase OfficeTiger, a major publishing and financial outsourcing company, as well as printing company Banta Corporation in 2007. In May 2007, RR Donnelley also acquired book and educational materials printer Von Hoffmann (and creative/ pre-press subsidiary Anthology Inc.) from Visant Corporation.[3] An additional purchase at the beginning of 2007 was Perry Judd's Holdings Inc., a private catalog and magazine printer. At the beginning of 2008, RRD also announced the acquisition of Pro Line Printing, Inc.[4] As of 2007, RR Donnelley is the world's largest commercial printer.[5]

In 2007, RR Donnelley was also named as an interested party in an attempt to purchase Quebecor World.[6] In May 2009, the company tendered an unsolicited bid to purchase Quebecor World.[7]

In July 2008, the company established a multi-year contract with F+W Publications Inc., which will allow Donnelley to print a large amount of F + W's book and magazine publications. The contract is valued at about $80 million.[8]

In 2010 and 2011, RR Donnelley acquired Bowne & Co., San Francisco-based Nimblefish Technologies,[9] and Helium.com.[10]

During the Labor Day weekend in September 2011, RR Donnelly announced it would close its Bloomsburg printing plant where Penguin Classics and paperbacks in the best-selling Twilight and Idiot's Guide series were printed.

On August 15, 2012, RR Donnelley acquired EDGAR Online.[11]

In 2013, RR Donnelly acquired Consolidated Graphics.[12]

Google earnings release[edit]

In October 2012, RR Donnelley filed Google's Earnings Release on Form 8-K three hours early.[13] When Google's stock price began to drop as a result of the poor earnings reported, Google blamed RR Donnelley for the mishap, however, Google's actual financial results for the term did not change upon filing Form 8-K/A (an amended filing),[14] and the Wall Street Journal noted that $22 Billion has been wiped from Googles market capitalization as a result of the premature release as well as Google missing results expectations significantly.[15]

Lakeside Classics[edit]

The Lakeside Classics is a series of books printed annually, at Christmas time, by RR Donnelley.[16] This tradition was begun in 1903 by Thomas E. Donnelley, who was then the company president. The basic format of these books has remained essentially the same since inception, as a hardcover, cloth wrapped and gold embossed.

Subject matter tends to cover elements of American history. Many early volumes contained speeches and writings of noted Americans, including Benjamin Franklin, whose autobiography was published as the first Lakeside Classic.

Lakeside Classics are never sold and are only made available to RR Donnelley employees, clients and others associated with the company.[16] The week before Christmas, each employee is given one copy of that year's volume. As such, some of the volumes have become scarce, and are in demand on the collectors' market. Antiquarian bookstores often have a section devoted to Lakeside Classics, and early volumes command large sums from book collectors.[16]


References[edit]

  1. ^ "Bloomberg Businessweek". Bloomberg. Retrieved 2012-10-23. 
  2. ^ Donnelley, Gaylord. To Be A Good Printer (Lakeside Press, 1977) ASIN B000S5KF9I
  3. ^ The Associated Press. "RR Donnelley to buy Van Hoffmann". Retrieved 2007-12-29. [dead link]
  4. ^ Business Wire. "RR Donnelley to Acquire Pro Line Printing Inc.". Retrieved 2008-02-27. [dead link]
  5. ^ RRD Corporate Website. "Frequently Asked Questions". Retrieved 2007-12-22. 
  6. ^ Reuters (2007-12-18). "At least four firms eyeing Quebecor World: report". Yahoo! News Canada. Retrieved 2007-12-22. [dead link]
  7. ^ "RR Donnelley proposes .3 billion US takeover of Quebecor World". CBC News. 2009-05-13. 
  8. ^ "R.R. Donnelley gets $80M contract with F + W". Chicago Tribune. 2008-07-08. Retrieved 2008-07-08. 
  9. ^ "RR Donnelley Acquires Nimblefish Technologies to Expand Multi-Channel Marketing Capabilities". RR Donnelley press release. 2010-12-14. Retrieved 2012-01-10. 
  10. ^ "RR Donnelley buys Helium.com, terms not disclosed". Bloomberg Businessweek. 2011-06-21. Retrieved 2012-01-10. 
  11. ^ "EDGAR Online, Form 8-K, Current Report, Filing Date Aug 15, 2012". secdatabase.com. Retrieved Feb 26, 2013. 
  12. ^ RR Donnelley to Buy Consolidated Graphics for $620M
  13. ^ "Google results, filed by mistake, miss; shares dive". 2012-10-18. 
  14. ^ "AMENDMENT #1 TO FORM 8-K". United States Securities and Exchange Commission. Retrieved 27 October 2012. 
  15. ^ EFRATI, AMIR (October 19, 2012). "Google Hit by Weak Results". Wall Street Journal. Retrieved 27 October 2012. 
  16. ^ a b c RRD Corporate Website. "Lakeside Classics". Retrieved 2007-12-22. 

External links[edit]