Tuesday, December 18, 2007

Wounded Quebecor World being circled by possible buyers

Speculation is rife that troubled printing giant Quebecor World, owned by Quebecor Inc., may be a takeover target, as its chief executive was shown the door yesterday and the company's share price plunged another 10% to $1.57 (it was more than $17 last February). According to a story in the Globe and Mail, quoting anonymous sources, U.S. printing giant R. R. Donnelly and takeover specialist funds

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