Xerox Rebuffs RR Donnelley Merger Proposal

 The merger talks between Xerox Corp. and RR Donnelley (RRD) are not going to come to fruition, at least not in the short term, after Xerox privately rejected an offer from the nation’s largest printer. RR Donnelley proposed that its executives take control of the combined operations. The printer also sought several hundred million dollars in new cost cuts.