Courier Shareholders Okay Merger With R.R. Donnelley - Quick Facts

(RTTNews) - Courier Corp. (CRRC) announced that a majority of its shareholders voted in favor of previously announced definitive agreement, dated as of February 5, 2015, by which R.R. Donnelley & Sons Co. (RRD) will acquire Courier.

Courier shareholders also voted to approve, on an advisory (non-binding) basis, the compensation payable to certain executive officers of Courier in connection with the transaction.

As per the terms of the transaction, Courier's shareholders will have the option to elect to receive either $23.00 in cash or 1.3756 RR Donnelley common shares for each of their outstanding shares.