Friday, December 14, 2007

Quebecor World's sale of European business falls through

Worse and worse. Giant multinational printer Quebecor World, controlled by Quebecor Inc., which is also is the largest magazine publisher in Quebec, saw its shares plunge more than 30 per cent on Thursday when it announced that its sale of its European printing business to a Dutch company had fallen through. Quebecor World shares dropped 79 cents to $1.47 on the Toronto Stock Exchange. A year ago

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