Quebecor World Closes Plant, Cuts Nonunion Pay

In other Quebecor World news, the company's shares on the Toronto Stock Exchange (TSX) will be suspended from trading. After the close of market today, Quebecor World's Subordinate Voting Shares (IQW), Series 3 Preferred Shares (IQW.PD) and Series 5 Preferred Shares (IQW.PC) will be suspended from trading on the TSX. The shares are unlikely to have any value following the implementation of a reorganization plan.