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LSC Communications is an
American American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the United States The United States of America (USA), commonly known as the United States (U.S. or US), or America, is ...

American
commercial printing company based in
Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...

Chicago
,
Illinois Illinois ( ) is a state State may refer to: Arts, entertainment, and media Literature * ''State Magazine'', a monthly magazine published by the U.S. Department of State * The State (newspaper), ''The State'' (newspaper), a daily newspape ...

Illinois
, and, as of December 2020, a fully-owned subsidiary of Atlas Holdings. The company was established in 2016 as part of a
corporate spin-off A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. Characte ...
from
RR Donnelley R.R. Donnelley is an American Fortune 500 integrated communications company that provides marketing and business communications, commercial printing, and related services. Its corporate headquarters are located in Chicago, Illinois (''City ...
. It owns the publishers
Research & Education Association Research & Education Association (REA) publishes test preparation materials and study guides, both in print and electronic form. History REA was founded by Max Fogiel in 1959 as an educational publisher, concentrating on problems and solutions, ...
and
Dover Publications Dover Publications, also known as Dover Books, is an American book publisher Publishing is the activity of making information, literature, music, software and other content available to the public for sale or for free. Traditionally, the term ...
. LSC is the largest producer of books in the United States.


Acquisitions and divestitures

In 2017 and 2018, LSC made several purchases, including TriLiteral LLC (a book distributor owned by
Harvard University Press Harvard University Press (HUP) is a publishing house Publishing is the activity of making information, literature, music, software and other content available to the public for sale or for free. Traditionally, the term refers to the distrib ...
,
MIT Press The MIT Press is a university press A university press is an academic publishing Publishing is the activity of making information, literature, music, software and other content available to the public for sale or for free. Traditionally, the ...
, and
Yale University Press Yale University Press is a university press A university press is an academic publishing Publishing is the activity of making information, literature, music, software and other content available to the public for sale or for free. Traditional ...
), Donnelley Logistics (former parent RR Donnelley's logistics business), logistics company Fairrington Transportation, Creel Printing, Publishers Press, envelope producer Quality Park, and logistics company Clark Group. In 2018, LSC announced the sale of all of its European printing operations to the Walstead Group.


Failed buyout

In November 2018,
Quad/Graphics Quad (formerly Quad/Graphics) is an American marketing solutions company based in Sussex, Wisconsin. It was founded on July 13, 1971, by Harry V. Quadracci, Harry and Elizabeth Quadracci. The company has 39 printing facilities in the United States, ...
announced their intent to purchase LSC in an all-stock deal. The purchase was expected to double Quad's business overall, primarily in magazines, catalogs, retail inserts and books. On June 20, 2019, the Department of Justice issued a press release indicating that it would sue to block the proposed purchase of LSC Communications by Quad Graphics. One month later, the companies announced they would discontinue the deal rather than fight the lawsuit.


2020 bankruptcy

In 2020, LSC Communications, Inc. and 21 affiliated debtors filed
Chapter 11 bankruptcy Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code The Code of Laws of the United States of America (variously abbreviated to Code of Laws of the United States, United States Code, U.S. Code, U.S.C., or USC) ...
in the
United States District Court for the Southern District of New York The United States District Court for the Southern District of New York (in case citations, S.D.N.Y.) is a United States district court, federal trial court whose geographic jurisdiction encompasses eight counties of New York (state), New York S ...
. The company was purchased in December 2020 by the private equity holding company Atlas Holdings.


References

RR Donnelley Printing companies of the United States Manufacturing companies based in Chicago Manufacturing companies established in 2016 American companies established in 2016 Corporate spin-offs Companies that filed for Chapter 11 bankruptcy in 2020 2020 mergers and acquisitions {{US-publishing-company-stub