Mark A. Angelson

R.R. Donnelley, Chicago, announced that it will acquire Moore Wallace, Toronto, for $2.8 billion in stock. The merger, which was unanimously approved by the Board of Directors from both companies, will result in a full-service, powerhouse commercial printer with over $8 billion in annual revenues and approximately 50,000 employees around the globe. The new company, which will retain the name R.R. Donnelley, will have the capability to offer high-quality, long- and short-run print products and solutions. Mark A. Angelson, the current CEO of Moore Wallace, will become the CEO of the new company, which will be headquartered in Chicago. "This transaction is strategically and financially compelling,