03.10.2016 13:24:10
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Donnelley Financial, LSC Communications Debut As Independent Companies
(RTTNews) - Donnelley Financial Solutions, Inc. (DFIN) Monday said it started functioning as a standalone public company following the spin-off from R.R. Donnelley & Sons Co. (RRD). It will start trading on the New York Stock Exchange under the ticker symbol "DFIN."
Donnelley Financial Solutions operates in two segments, United States and International. It has approximately 3,500 employees worldwide.
Since September 21, 2016, Donnelley Financial Solutions shares have been traded on a "when issued" basis under the symbol "DFS.WI," with approximately 32.4 million shares outstanding.
In a separate announcement, LSC Communications, Inc. also announced its starting of its operation as a standalone public company following the completion of its tax-free spin-off from R.R. Donnelley. It will start trading on the New York Stock Exchange under the ticker symbol "LKSD."
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