YEAR IN REVIEW — 2006: BANTA ON THE LOOSE
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Erik Cagle
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The M&A train seemed to pick up speed in 2006, though some parties managed to botch the due diligence aspect and instead land in court. Reorganization was in the air (unfortunately, so were job losses) and some of the biggest names in the industry changed addresses.
The last 12 months certainly haven’t lacked for drama. In January, we reported that Quebecor World sold five companies that no longer fit into its master plan, and those companies rebranded under the name MATLET. Most of the individual companies reclaimed their former ownership, led collectively by Gary Stiffler, president and CEO.
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Erik Cagle
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