Quebecor World Beats Former Parent in Court

CP reported that Quebecor World and Quebecor Media were both Quebecor Inc. properties in 2005 when a press was installed at Media's Mirabel, Quebec, facility to print several newspapers. As part of a verbal agreement, Quebecor World would use 90 percent of the press' excess capacity. A deal was drafted that would see the printer pay C$29 million for the first three years of the agreement, but it was never signed by Quebecor World, according to CP.