The proposal called for a deal that would have been structured as a so-called Morris Trust, a tax-efficient set-up in which Xerox would get a slight premium, one person familiar with the matter said. "Xerox Rejects Proposed Merger Deal With R.R. Donnelley" at 9:17 p.m. ET incorrectly described the deal structure proposed.

(END) Dow Jones Newswires

July 14, 2016 22:38 ET (02:38 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
Donnelley (R.R.) & Sons Co. (NYSE:RRD.WI)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Donnelley (R.R.) & Sons Co. Charts.
Donnelley (R.R.) & Sons Co. (NYSE:RRD.WI)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Donnelley (R.R.) & Sons Co. Charts.