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Company plans to form three new independently publicly traded companies with an eye on improving shareholder value.
August 6, 2015
By: DAVID SAVASTANO
When R.R. Donnelley & Sons announced its second quarter 2015 results (sales of $2.7 billion, down 5.3% from last year), it also announced that the company is planning to split itself apart, creating three independent publicly traded companies. The deal is expected to go completed by the end of 2016. Â This strategy does occur occasionally. HP announced last year that it was breaking into two companies. In a noteworthy example, eBay is spinning off PayPal later this year. It makes sense, as...
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