UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. _)*
Banta Corporation.
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(Name of Issuer)
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Common Stock
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(Title of Class of Securities)
066821109
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(CUSIP Number)
Jeffrey Ruiz
Deutsche Bank AG
c/o Deutsche Bank Securities Inc.
60 Wall Street
New York, NY 10005
(212) 250-3667
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
November 6, 2006
(Date of Event which Requires Filing of this Statement
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box [ ].
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7 for other
parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The Information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Cusip No. 066821109
------=====---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Deutsche Bank AG
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS WC
(See Item 3)
----- --------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
----- --------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Deutsche Bank AG is organized under the laws of the Federal Republic of
Germany.
----- --------------------------------------------------------------------------
7 SOLE VOTING POWER
2,176,711
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NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 17,400
OWNED BY ----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 2,176,711
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
17,400
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,194,111
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12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.9%
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14 TYPE OF REPORTING PERSON
BK
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Cusip No. 066821109
---------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Deutsche Bank Securities Inc.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS WC
(See Item 3)
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
0
----------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 17,400
OWNED BY ----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
17,400
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,400
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12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
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14 TYPE OF REPORTING PERSON
BD
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Item 1. Security and Issuer
This statement on Schedule 13D (this "Statement") relates to shares of
common stock, par value $0.01 per share (the "Shares"), of Banta Corporation
(the "Issuer"). The Issuer has its principal executive offices at 225 Main
Street, Menasha, Wisconsin 54952.
Item 2. Identity and Background
(a) This Statement is being filed by Deutsche Bank Securities Inc. ("DBSI")
and Deutsche Bank AG ("Deutsche Bank", together with DBSI, the "Reporting
Persons" and each, a "Reporting Person"). A joint filing agreement has been
filed as Exhibit 1 to this Statement pursuant to Rule 13d-1(k) promulgated under
the Securities Exchange Act of 1934, as amended (the "Exchange Act").
DBSI is a corporation organized under the laws of Delaware, and is a
wholly-owned subsidiary of DB US Financial Markets Holding Corporation
("DBUSFM"). DBUSFM is a wholly-owned subsidiary of Deutsche Bank Americas
Holding Corporation, a wholly-owned subsidiary of Taunus Corporation, which in
turn is a wholly-owned subsidiary of Deutsche Bank. Deutsche Bank is organized
under the laws of the Federal Republic of Germany. The securities acquired by
Deutsche Bank covered by this Statement were acquired through the London Branch
of Deutsche Bank, which is licensed by the United Kingdom banking authority.
(b) The address of the principal place of business of Deutsche Bank is
Taunusanlage 12, 60325 Frankfurt, Federal Republic of Germany. The address of
the principal office of DBSI is 60 Wall Street, New York, New York 10005.
(c) and (f) The principal business of the Reporting Persons and the name,
business address, principal occupation or employment and citizenship of each of
the executive officers, directors, controlling persons and trustees, as
applicable of each of the Reporting Persons and each corporation and other
person ultimately in control of the Reporting Persons are set forth on Schedule
1 to this Statement which is incorporated herein.
Set forth on Schedule 1 to this Statement, and incorporated herein by
reference, is a list of the executive officers and directors of each of Deutsche
Bank and DBSI that contain the following information with respect to each such
person: (i) name; (ii) business address; (iii) present principal occupation or
employment and the name and business address of each corporation or organization
in which each such employment is conducted; and (iv) citizenship.
(d) and (e) During the last five years, none of the Reporting Persons and,
to the best knowledge of the Reporting Persons, none of the persons named on
Schedule 1 to this Statement has been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors) or has been a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
as a result of which such person was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any violation
with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
The source of the funds for the purchase of the Shares was working
capital of the Reporting Persons.
Item 4. Purpose of Transaction
All of the Shares reported herein as having been acquired or disposed
of were from the accounts of Deutsche Bank AG, London Branch and Deutsche Bank
Securities Inc. and were acquired or disposed of as part of their proprietary
trading activities or in order to hedge their exposure to certain derivative
contracts entered into with their clients.
Each of the Reporting Persons qualifies as an institution that may file
securities ownership reports required by the Securities Exchange Act of 1934
on Schedule 13G. The Issuer entered into an Agreement and Plan of Merger, dated
as of October 31 2006, by and between the Issuer and RR Donnelley & Sons Co.
Subsequent to the announcement of the merger, the Reporting Persons acquired
Shares held in an arbitrage account.
As a result, the Reporting Persons may be deemed to have purchased the
Shares with purpose, or with the effect of changing or influencing control of
the Issuer, in connection with the proposed merger.
The Reporting Persons reserve the right to acquire, or cause to be
acquired, additional securities of the Issuer or derivatives or other
instruments related thereto, to dispose of, or cause to be disposed, such
securities, derivatives or other instruments at any time and to formulate other
purposes, plans or proposals regarding the Issuer or any of its securities, to
the extent deemed advisable in light of general investment and trading policies
of the Reporting Persons, market conditions or other factors.
Item 5. Interest in Securities of the Issuer
(a) and (b) According to information filed by the Issuer with the Securities
and Exchange Commission in its Form 10-Q for the quarter ended September 30,
2006, the number of Shares outstanding was 24,504,000 as of November 7, 2006.
Deutsche Bank, as the parent of Deutsche Bank Securities Inc., may be deemed the
beneficial owner of 2,194,711 Shares (approximately 8.9% of the total number of
Shares outstanding).
Deutsche Bank AG,~London Branch 2,151,711
Deutsche Bank AG,~London Branch (arbitrage) 25,000
Deutsche Bank Securities Inc. 17,400
(c) Transactions by the Reporting Persons in the Shares effected during the
past sixty days are set forth in Schedule 2 to this Schedule 13D, which is
incorporated by reference herein. The transactions set forth in Schedule 2 to
this Statement were effected on the New York Stock Exchange and/or the OTC
market.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings, or Relationships with
Respect to Securities of the Issuer
From time to time, the Reporting Persons may lend, pledge or enter into
repurchase transactions relating to portfolio securities, including the Shares,
to and with brokers, banks or other financial institutions. From time to time,
to the extent permitted by applicable laws, the Reporting Person may borrow
securities, including the Shares, for the purpose of effecting, and may effect,
short sale transactions, and may purchase securities for the purpose of closing
out short positions in such securities.
Except as set forth above, the Reporting Persons does not have any
contracts, arrangements, understandings or relationships with respect to any
securities of the Issuer.
Item 7. Material to be Filed as Exhibits
Attached as Exhibit 1 to this Statement is the Joint Filing Agreement
dated November 21, 2006, between Deutsche Bank AG and Deutsche Bank Securities
Inc.
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Statement is true, complete and
correct.
Dated as of November 22, 2006
DEUTSCHE BANK AG
By: /s/ Jeffrey A. Ruiz
--------------------------
Name: Jeffrey A. Ruiz
Title: Vice President
DEUTSCHE BANK AG
By: /s/ Pasquale Antolino
--------------------------
Name: Pasquale Antolino
Title: Assistant Vice President
DEUTSCHE BANK SECURITIES INC.
By: /s/ Margaret Adams
--------------------------
Name: Margaret Adams
Title: Director
DEUTSCHE BANK SECURITIES INC.
By: /s/ Jeffrey A. Ruiz
--------------------------
Name: Jeffrey A. Ruiz
Title: Vice President
Schedule 1
Executive Officers, Directors, Controlling Persons and Trustees of
Deutsche Bank AG and each Person Ultimately in Control of Deutsche Bank AG
Deutsche Bank AG is organized under the laws of the Federal Republic of
Germany. The principal business of Deutsche Bank AG is the provision of
financial and related services. Deutsche Bank AG is the largest banking
institution in the Federal Republic of Germany and is the parent company of a
group consisting of banks, capital market and fund management companies,
mortgage banks and property finance companies, installment financing and leasing
companies, insurance companies, research and consultancy companies and other
companies. Deutsche Bank AG is organized under the laws of the Federal Republic
of Germany, and the address of its principal place of business is Taunusanlage
12, 60325 Frankfurt, Federal Republic of Germany.
--------------------------------------------------------------------------------
Name PRESENT PRINCIPAL OCCUPATION OR EMPLOYEMENT
BUSINESS ADDRESS
CITIZENSHIP
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Dr. Josef Ackermann Chairman of the Group Executive Committee and
Member of the Board of Managing Directors,
Deutsche Bank AG
Deutsche Bank AG
Taunusanlage 12
60325 Frankfurt
The Federal Republic of Germany
Citizenship: Swiss
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Dr. Tessen von Heydebreck Member of the Board of Managing Directors,
Deutsche Bank AG
Deutsche Bank AG
Taunusanlage 12
60325 Frankfurt
The Federal Republic of Germany
Citizenship: German
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Dr. Hermann-Josef Lamberti Member of the Board of Managing Directors,
Deutsche Bank AG
Deutsche Bank AG
Taunusanlage 12
60325 Frankfurt
The Federal Republic of Germany
Citizenship: German
---------------------------- ---------------------------------------------------
Dr. Clemens Borsig Member of the Board of Managing Directors,
Deutsche Bank AG
Deutsche Bank AG
Taunusanlage 12
60325 Frankfurt
The Federal Republic of Germany
Citizenship: German
---------------------------- ---------------------------------------------------
Executive Officers, Directors, Controlling Persons and Trustees of
Deutsche Bank Securities Inc.
Deutsche Bank Securities Inc. (DBSI) is registered with the SEC as a
broker-dealer and is a member of the NASD, SIPC, NYSE, and a number of other
securities self-regulatory organizations. In addition, DBSI is registered with
the CFTC as a futures commission merchant and is a member of the NFA, CME, and
several other futures self-regulatory organizations. DBSI is headquartered in
New York City and offers a full range of broker-dealer services, including sales
and trading expertise in equity and fixed income securities, derivatives and
structured products, portfolio trading, prime brokerage services, and research.
DBSI also assists investment banking clients with public and private offerings
in the equity and debt capital markets, and provides advisory services
in strategic areas such as mergers, acquisitions, and corporate restructurings.
--------------------------------------------------------------------------------
Name PRESENT PRINCIPAL OCCUPATION OR EMPLOYEMENT
BUSINESS ADDRESS
CITIZENSHIP
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Mr. Seth Waugh Member of the Board of Directors, Chairman,
Deutsche Bank Securities
60 Wall Street
New York, New York, 10005
Citizenship: US
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Mr. Stuart Clarke Member of the Board of Directors,
Deutsche Bank Securities
60 Wall Street
New York, New York, 10005
Citizenship: UK-British
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Mr. Thomas Gahan Member of the Board of Directors,
Deutsche Bank Securities
60 Wall Street
New York, New York, 10005
Citizenship: US
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Mr. Robert Karofsky Member of the Board of Directors,
Deutsche Bank Securities
60 Wall Street
New York, New York, 10005
Citizenship: US
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Mr. Mark Pfeffer Member of the Board of Directors,
Deutsche Bank Securities
60 Wall Street
New York, New York, 10005
Citizenship: US
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Mr. Philip Weingord Member of the Board of Directors,
Deutsche Bank Securities
60 Wall Street
New York, New York, 10005
Citizenship: US
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Schedule 2 - 60 Day Trade History
Deutsche Bank AG
Date Buy/Sell Quantiy Price
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09/05/06 S 1,600 47.44
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09/06/06 B 1,000 47.11
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09/13/06 B 100 47.01
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09/14/06 S 100 46.14
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09/15/06 S 300 46.81
--------------------------------------------------------------------------------
09/15/06 S 2,600 46.52
--------------------------------------------------------------------------------
09/18/06 B 1,100 46.98
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09/18/06 B 6,800 47.08
--------------------------------------------------------------------------------
09/18/06 S 300 46.71
--------------------------------------------------------------------------------
09/18/06 S 200 46.70
--------------------------------------------------------------------------------
09/18/06 B 6,900 46.89
--------------------------------------------------------------------------------
09/19/06 B 200 47.42
--------------------------------------------------------------------------------
09/19/06 S 600 47.27
--------------------------------------------------------------------------------
09/19/06 B 34,550 47.37
--------------------------------------------------------------------------------
09/19/06 B 200 47.18
--------------------------------------------------------------------------------
09/19/06 S 100 47.34
--------------------------------------------------------------------------------
09/19/06 S 7,100 47.14
--------------------------------------------------------------------------------
09/20/06 S 200 47.40
--------------------------------------------------------------------------------
09/20/06 B 400 47.44
--------------------------------------------------------------------------------
09/20/06 S 100 47.22
--------------------------------------------------------------------------------
09/20/06 B 200 47.62
--------------------------------------------------------------------------------
09/20/06 S 5,400 47.39
--------------------------------------------------------------------------------
09/21/06 B 340 47.67
--------------------------------------------------------------------------------
09/21/06 B 200 47.65
--------------------------------------------------------------------------------
09/21/06 B 5,700 47.74
--------------------------------------------------------------------------------
09/21/06 S 2,300 47.57
--------------------------------------------------------------------------------
09/22/06 S 300 47.61
--------------------------------------------------------------------------------
09/22/06 B 1,200 47.71
--------------------------------------------------------------------------------
09/22/06 S 14,900 47.57
--------------------------------------------------------------------------------
09/25/06 B 100 47.45
--------------------------------------------------------------------------------
09/25/06 B 2,300 47.54
--------------------------------------------------------------------------------
09/25/06 S 2,900 47.48
--------------------------------------------------------------------------------
09/26/06 B 500 47.66
--------------------------------------------------------------------------------
09/26/06 B 300 47.72
--------------------------------------------------------------------------------
09/26/06 S 5,400 47.58
--------------------------------------------------------------------------------
09/27/06 B 3,200 47.73
--------------------------------------------------------------------------------
09/27/06 B 100 47.90
--------------------------------------------------------------------------------
09/27/06 B 900 47.80
--------------------------------------------------------------------------------
09/27/06 S 4,300 47.67
--------------------------------------------------------------------------------
09/28/06 B 700 47.79
--------------------------------------------------------------------------------
09/28/06 S 539 47.70
--------------------------------------------------------------------------------
09/28/06 B 400 47.80
--------------------------------------------------------------------------------
09/28/06 S 100 47.77
--------------------------------------------------------------------------------
09/28/06 B 1,100 47.72
--------------------------------------------------------------------------------
09/28/06 S 4,600 47.68
--------------------------------------------------------------------------------
09/29/06 B 539 47.64
--------------------------------------------------------------------------------
09/29/06 B 400 47.77
--------------------------------------------------------------------------------
09/29/06 B 6,300 47.80
--------------------------------------------------------------------------------
09/29/06 S 1,400 47.68
--------------------------------------------------------------------------------
10/02/06 B 100 47.01
--------------------------------------------------------------------------------
10/02/06 S 1,500 47.28
--------------------------------------------------------------------------------
10/02/06 S 500 47.27
--------------------------------------------------------------------------------
10/02/06 B 500 46.77
--------------------------------------------------------------------------------
10/02/06 S 6,900 47.24
--------------------------------------------------------------------------------
10/03/06 B 200 47.39
--------------------------------------------------------------------------------
10/03/06 S 700 47.43
--------------------------------------------------------------------------------
10/03/06 B 200 47.57
--------------------------------------------------------------------------------
10/03/06 S 100 47.38
--------------------------------------------------------------------------------
10/03/06 B 2,000 47.36
--------------------------------------------------------------------------------
10/03/06 S 7,400 47.14
--------------------------------------------------------------------------------
10/04/06 S 50,000 48.25
--------------------------------------------------------------------------------
10/04/06 B 700 48.37
--------------------------------------------------------------------------------
10/04/06 B 800 48.38
--------------------------------------------------------------------------------
10/04/06 S 100 48.33
--------------------------------------------------------------------------------
10/04/06 B 700 48.33
--------------------------------------------------------------------------------
10/04/06 S 100 48.40
--------------------------------------------------------------------------------
10/04/06 B 29,700 48.39
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10/04/06 S 200 48.33
--------------------------------------------------------------------------------
10/05/06 B 1,800 48.31
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10/05/06 B 600 48.35
--------------------------------------------------------------------------------
10/05/06 B 10,600 48.30
--------------------------------------------------------------------------------
10/05/06 S 400 48.22
--------------------------------------------------------------------------------
10/06/06 B 50,000 47.90
--------------------------------------------------------------------------------
10/06/06 B 200 48.02
--------------------------------------------------------------------------------
10/06/06 B 600 48.10
--------------------------------------------------------------------------------
10/06/06 B 2,200 48.13
--------------------------------------------------------------------------------
10/06/06 S 5,700 48.00
--------------------------------------------------------------------------------
10/09/06 B 40,000 47.25
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10/09/06 B 1,200 47.40
--------------------------------------------------------------------------------
10/09/06 S 100 47.86
--------------------------------------------------------------------------------
10/09/06 B 5,600 47.35
--------------------------------------------------------------------------------
10/09/06 S 1,300 47.77
--------------------------------------------------------------------------------
10/10/06 B 50,000 46.97
--------------------------------------------------------------------------------
10/10/06 B 50,000 46.83
--------------------------------------------------------------------------------
10/10/06 B 400 47.08
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10/10/06 S 200 47.24
--------------------------------------------------------------------------------
10/10/06 B 500 47.36
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10/10/06 B 400 47.30
--------------------------------------------------------------------------------
10/10/06 B 700 47.28
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10/10/06 S 3,500 47.05
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10/11/06 B 30,000 46.24
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10/11/06 B 100 46.85
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10/11/06 S 300 46.87
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10/11/06 B 300 46.71
--------------------------------------------------------------------------------
10/11/06 S 200 46.70
--------------------------------------------------------------------------------
10/11/06 B 400 46.60
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10/11/06 S 8,800 46.78
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10/12/06 S 100 46.64
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10/12/06 B 1,100 46.68
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10/12/06 B 5,600 46.66
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10/13/06 B 2,200 46.73
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10/13/06 B 200 46.81
--------------------------------------------------------------------------------
10/13/06 S 9,200 46.80
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10/16/06 B 2,800 47.09
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10/16/06 B 200 47.09
--------------------------------------------------------------------------------
10/16/06 S 2,200 47.10
--------------------------------------------------------------------------------
10/16/06 B 15,700 47.09
--------------------------------------------------------------------------------
10/17/06 S 500 46.95
--------------------------------------------------------------------------------
10/17/06 S 200 46.99
--------------------------------------------------------------------------------
10/17/06 B 900 47.11
--------------------------------------------------------------------------------
10/17/06 S 6,800 46.98
--------------------------------------------------------------------------------
10/19/06 S 100 46.67
--------------------------------------------------------------------------------
10/19/06 S 200 46.62
--------------------------------------------------------------------------------
10/19/06 B 20,000 46.20
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10/19/06 B 2,500 46.77
--------------------------------------------------------------------------------
10/19/06 B 3,500 46.73
--------------------------------------------------------------------------------
10/19/06 S 100 46.83
--------------------------------------------------------------------------------
10/19/06 B 100 46.69
--------------------------------------------------------------------------------
10/19/06 B 300 46.51
--------------------------------------------------------------------------------
10/19/06 S 4,200 46.70
--------------------------------------------------------------------------------
10/19/06 B 1,200 46.07
--------------------------------------------------------------------------------
10/19/06 S 4,300 46.55
--------------------------------------------------------------------------------
10/20/06 S 25,000 45.21
--------------------------------------------------------------------------------
10/20/06 B 125,000 45.55
--------------------------------------------------------------------------------
10/20/06 B 100 45.56
--------------------------------------------------------------------------------
10/20/06 S 100 46.05
--------------------------------------------------------------------------------
10/20/06 B 300 46.01
--------------------------------------------------------------------------------
10/20/06 S 200 45.77
--------------------------------------------------------------------------------
10/20/06 B 19,400 45.19
--------------------------------------------------------------------------------
10/20/06 S 800 46.04
--------------------------------------------------------------------------------
10/23/06 B 30,000 45.80
--------------------------------------------------------------------------------
10/23/06 B 1,500 45.73
--------------------------------------------------------------------------------
10/23/06 S 800 45.65
--------------------------------------------------------------------------------
10/23/06 B 800 45.87
--------------------------------------------------------------------------------
10/23/06 S 100 45.52
--------------------------------------------------------------------------------
10/23/06 B 500 45.91
--------------------------------------------------------------------------------
10/23/06 S 2,000 45.81
--------------------------------------------------------------------------------
10/24/06 B 35,000 45.75
--------------------------------------------------------------------------------
10/24/06 B 2,720 45.80
--------------------------------------------------------------------------------
10/24/06 B 200 45.85
--------------------------------------------------------------------------------
10/24/06 S 400 45.83
--------------------------------------------------------------------------------
10/24/06 S 100 45.90
--------------------------------------------------------------------------------
10/24/06 B 5,500 45.65
--------------------------------------------------------------------------------
10/24/06 S 800 45.80
--------------------------------------------------------------------------------
10/25/06 B 400 45.73
--------------------------------------------------------------------------------
10/25/06 B 1,100 45.93
--------------------------------------------------------------------------------
10/25/06 S 700 45.66
--------------------------------------------------------------------------------
10/25/06 B 1,000 45.84
--------------------------------------------------------------------------------
10/25/06 S 300 45.76
--------------------------------------------------------------------------------
10/25/06 B 3,800 45.79
--------------------------------------------------------------------------------
10/25/06 S 1,000 45.85
--------------------------------------------------------------------------------
10/26/06 B 700 45.99
--------------------------------------------------------------------------------
10/26/06 S 100 45.75
--------------------------------------------------------------------------------
10/26/06 B 200 46.07
--------------------------------------------------------------------------------
10/26/06 B 7,300 45.97
--------------------------------------------------------------------------------
10/26/06 S 2,000 45.46
--------------------------------------------------------------------------------
10/27/06 S 300 45.34
--------------------------------------------------------------------------------
10/27/06 B 100 45.58
--------------------------------------------------------------------------------
10/27/06 S 100 45.46
--------------------------------------------------------------------------------
10/30/06 B 4 45.01
--------------------------------------------------------------------------------
10/30/06 B 100 45.00
--------------------------------------------------------------------------------
10/30/06 S 100 45.01
--------------------------------------------------------------------------------
10/30/06 S 200 45.10
--------------------------------------------------------------------------------
10/30/06 S 100 44.86
--------------------------------------------------------------------------------
10/31/06 B 376 44.66
--------------------------------------------------------------------------------
10/31/06 S 500 44.55
--------------------------------------------------------------------------------
10/31/06 B 200 44.99
--------------------------------------------------------------------------------
10/31/06 S 200 44.72
--------------------------------------------------------------------------------
10/31/06 B 100 45.05
--------------------------------------------------------------------------------
11/01/06 B 50,000 52.30
--------------------------------------------------------------------------------
11/01/06 B 75,000 52.19
--------------------------------------------------------------------------------
11/01/06 B 50,000 45.74
--------------------------------------------------------------------------------
11/01/06 B 36,000 45.85
--------------------------------------------------------------------------------
11/01/06 S 400 52.20
--------------------------------------------------------------------------------
11/01/06 B 15,900 45.49
--------------------------------------------------------------------------------
11/06/06 B 550,000 52.01
--------------------------------------------------------------------------------
11/06/06 B 450,000 52.00
--------------------------------------------------------------------------------
11/09/06 B 27,300 51.75
--------------------------------------------------------------------------------
11/15/06 B 1,380 51.98
----------------- ------------------- --------------------- --------------------
EXHIBIT 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of
1934, as amended, each of the persons named below agrees to the joint filing of
a Statement on Schedule 13D (including amendments thereto) with respect to the
Common Stock, of Banta Corporation, and further agrees that this Joint Filing
Agreement be included as an exhibit to such filings provided that, as
contemplated by Section 13d-1(k)(ii), no person shall be responsible for the
completeness or accuracy of the information concerning the other persons making
the filing, unless such person knows or has reason to believe that such
information is inaccurate. This Joint Filing Agreement may be executed in any
number of counterparts, all of which together shall constitute one and the same
instrument.
Dated as of November 22, 2006
DEUTSCHE BANK AG
By: /s/ Jeffrey A. Ruiz
--------------------------
Name: Jeffrey A. Ruiz
Title: Vice President
DEUTSCHE BANK AG
By: /s/ Pasquale Antolino
--------------------------
Name: Pasquale Antolino
Title: Assistant Vice President
DEUTSCHE BANK SECURITIES INC.
By: /s/ Margaret Adams
--------------------------
Name: Margaret Adams
Title: Director
DEUTSCHE BANK SECURITIES INC.
By: /s/ Jeffrey A. Ruiz
--------------------------
Name: Jeffrey A. Ruiz
Title: Vice President