Exhibit 99.1
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Bowne & Co., Inc. 55 Water Street New York, NY 10041 (212) 924-5500 Fax: (212) 658-5871 |
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NEWS RELEASE |
Investor Relations Contact:
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Media Contact: | ||
Bryan Berndt
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Pamela Blum | ||
Treasurer
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Director of Corporate Communications | ||
212-658-5817
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212-658-5884 | ||
bryan.berndt@bowne.com
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pamela.blum@bowne.com |
Bowne & Co., Inc. Announces Shareholder Approval of Proposed Merger
NEW YORK, May 26, 2010 —Bowne & Co., Inc. (NYSE: BNE) announced today that a majority of
Bowne’s shareholders voted to approve the merger agreement providing for the merger of Bowne with
Snoopy Acquisition, Inc., an affiliate of R.R. Donnelley & Sons Company. The number of votes cast
for approval of the merger agreement represented approximately 73.9% of the aggregate voting power
of the Company’s common stock outstanding and entitled to vote.
The parties continue to expect that the merger will be completed during the second half of 2010.
The closing of the merger is subject to the satisfaction or waiver of specified closing conditions,
including, without limitation, the obtaining of FTC approval under the HSR Act.
About Bowne
Bowne provides shareholder and marketing communications services around the world. Dealmakers rely
on Bowne to handle critical capital markets communications with speed and accuracy. Compliance
professionals turn to Bowne to prepare and file regulatory and shareholder communications online
and in print. Investment managers and third party fund administrators count on Bowne’s integrated
solutions to streamline their document processes and produce high quality communications for their
shareholders. Marketers look to Bowne to create and distribute customized, one-to-one
communications on demand. With 2,700 employees in 50 offices around the globe, Bowne has met the
ever-changing demands of its clients for more than 230 years. For more information, please visit
www.bowne.com.
Use of Forward-Looking Statements
This news release may contain “forward-looking statements” as defined in the U.S. Private
Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on
these forward-looking statements and any such forward-looking statements are qualified in their
entirety by reference to the following cautionary statements. All forward-looking statements speak
only as of the date of this news release and are based on current expectations and involve a number
of assumptions, risks and uncertainties that could cause the actual results to differ materially
from such forward-looking statements. Such factors include, among others, unanticipated issues
associated with obtaining approvals to complete the transaction or other unexpected issues that
could impact the closing of the deal. Readers are strongly encouraged to read the full cautionary
statements contained in each of RR Donnelley’s and Bowne’s filings with the SEC. Both RR Donnelley
and Bowne disclaim any obligation to update or revise any forward-looking statements.
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