Printing major R.R. Donnelley & Sons Company (NYSE:RRD) recently announced that it has entered into a definitive agreement to acquire Edgar Online Inc. (NASDAQ:EDGR) for approximately $70.5 million. Following the news of the acquisition, Edgar Online shares shot up 50% to close at $1.08 on May 22, 2012.
Donnelley expects to make the payment through a combination of $1.092 per share in cash, including Edgar Online’s debt amounting to $1.7 million as of March 31, 2012 and an amount equal to the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards