LSC Communications

LSC Communications is an American multinational commercial printing company based in Chicago, IL, United States.[3] The company was established in 2016 as part of a corporate spin-off from RR Donnelley.[4] It owns the publishers Research & Education Association and Dover Publications.

LSC Communications, Inc.
S&P 600 Component
IndustryCommercial Printing
(from corporate spin-off)
Headquarters191 North Wacker
Chicago, Illinois
United States
Key people
Thomas Quinlan III (CEO)
RevenueDecrease US$3.326 billion (2019)[1]
Decrease US$−157 million (2019)
Decrease US$−295 million (2019)
Total assetsDecrease US$1.649 billion (2019)
Total equityDecrease US$−72 million (2019)
Number of employees
20,000 (2020)[1][2]

According to the company's CFO, Andrew Coxhead, LSC is the largest producer of books in the United States.[5]

Acquisitions and divestituresEdit

In 2017 and 2018, LSC made several purchases, including TriLiteral LLC (a book distributor owned by Harvard University Press, MIT Press, and Yale University Press),[6] 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.[7]

In 2018, LSC announced the sale of all of its European printing operations to the Walstead Group.[7]

Failed buyoutEdit

In November 2018, Quad/Graphics announced their intent to purchase LSC in an all-stock deal.[8] The purchase was expected to double Quad's business overall, primarily in magazines, catalogs, retail inserts and books.[9] 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. [10] One month later, the companies announced they would discontinue the deal rather than fight the lawsuit.[11]

2020 BankruptcyEdit

LSC Communications, Inc. and 21 affiliated debtors filed Chapter 11 bankruptcy in the United States District Court for the Southern District of New York. [5] The company is now owned by the private equity holding company Atlas Holdings.


  1. ^ a b
  2. ^ 500/
  3. ^ "About Us - LSC Communications". Retrieved 17 April 2018.
  4. ^ Bushey, Claire (9 November 2018). "Print deal would dethrone R.R. Donnelley as industry's No. 1". Crain's Chicago Business. Retrieved 12 November 2018.
  5. ^ a b "Chicago-based LSC Communications files for Ch. 11 bankruptcy after 'unprecedented' drop in print demand". Chicago Tribune. Retrieved May 10, 2020.
  6. ^ "LSC Buys TriLiteral; Turner Purchases Gürze Books". Retrieved 2018-07-08.
  7. ^ a b Michelson, Mark (19 July 2018). "LSC Communications Sells Its European Operations". Printing Impressions. Retrieved 12 November 2018.
  8. ^ Milliot, Jim (1 November 2018). "Quad/Graphics to Buy LSC Communications". Publishers Weekly. Retrieved 12 November 2018.
  9. ^ Romell, Rick (31 October 2018). "Quad/Graphics could nearly double in size with $1.4 billion purchase of Chicago firm". Milwaukee Journal Sentinel. Retrieved 12 November 2018.
  10. ^
  11. ^ Romell, Rick (July 23, 2019). "Quad/Graphics, LSC Communications scrap merger in face of antitrust lawsuit". Milwaukee Journal Sentinel. Retrieved 2 August 2019.