Mergers and Acquisitions — When Sweet Turns to Sour

Much attention is being drawn to Quebecor World. The Montreal-based printing giant, at one time the crown jewel of North American printers but now struggling to stay alive in creditor protection, could unwittingly shape perception as to the viability of certain segments of the industry. However, some have argued that the sum of Quebecor World’s pieces is greater than the value of the whole, and the revolving door of management has stripped the company of focus and customer loyalty.