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https://i-invdn-com.investing.com/news/LYNXMPECBE0OL_M.jpgShares of RR Donnelley rose 2.3% to $10.45 in extended trading.
Chatham, which owns a 14.9% stake in RR Donnelley making it the largest shareholder, earlier this month had offered to acquire the remaining stock in the company for $9.10 per share.
RR Donnelley agreed to be taken private by Atlas for $8.52 per share in cash earlier this month, valuing the company at about $2.1 billion.
Earlier in the day, RR Donnelley said it had also received an alternative proposal from an unnamed party offering to buy the company for $10.00 per share in cash, but the printer maker continued to recommend the deal with Atlas as its go-shop period comes to an end.
The go-shop period allows the target company in an M&A agreement to seek out competing bids even after it receives an offer from the acquirer.