Quebecor Appoints Peladeau to Top Posts

In other company news, TRC Capital offered to purchase up to three million Quebecor World subordinate voting shares, representing about 3.5 percent of all outstanding subordinate shares, at a price of C$25.25 each. In response, Quebecor World recommended that shareholders reject the offer, which was 3.8 percent lower than its closing price on February 25, and warned them that the company is not associated with TRC Capital or its offer.