Atlantic Investment ups stake in R.R. Donnelley, plans to discuss shareholder value with management

By Lisa Kerner

Charlotte, N.C., Feb. 25 - R.R. Donnelley & Sons Co. investor Atlantic Investment Management, Inc. purchased 590,000 shares of the company's stock between Dec. 24 and Feb. 13.

The shares were priced from $33.30 to $37.94, according to a schedule 13D filing with the Securities and Exchange Commission.

Atlantic Investment said it will continue its discussions with Donnelley's management, and possibly with other parties, regarding actions that could maximize shareholder value.

The investor beneficially owns 10,775,250 shares, or 5%, of the Chicago printing services company's outstanding stock.

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