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R.R. Donnelley’s Mystery Bidder Raises Offer to $11.50 Per Share

     

     

Photographer: Anindito Mukherjee/Bloomberg

R.R. Donnelley & Sons Co. said a mystery bidder that has been circling the publishing company since at least November has raised its offer again.

The unidentified suitor made another non-binding offer to buy R.R. Donnelley, this time for $11.50 a share in cash, the company said in a statement on Thursday. The buyer had previously offered $11 a share for the Chicago-based business.