R.R. Donnelley to acquire North American operations of Esselte for $96.5M R.R. Donnelley and Esselte jointly announced that they have signed a definitive agreement by which RR Donnelley will acquire substantially all of the North American operations of Esselte, a developer and manufacturer of nationally branded and private label office and stationery products. The purchase price includes a combination of cash and up to 1M shares of RR Donnelley common stock, resulting in a total transaction value of $96.5M. The acquisition is expected to be both deleveraging and accretive to RR Donnelley's earnings per share within 12 months following the closing of the transaction. The completion of the transaction is subject to customary closing conditions, including regulatory approval.