Péladeau buys out brother, tightens grip on Quebecor empire

Pierre Karl Péladeau now has full control of the entire Quebecor multimedia empire after buying out his brother Erik, according to a story carried by Canadian Press.In a press release on Thursday, Péladeau said that in accordance with the will of his late father Pierre Péladeau, he had bought "for a nominal amount" (undisclosed) the interests of his brother in the firm Placements Péladeau (PPI),