Quebecor and World Color in Massive Deal
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GREENWICH, CT—Following weeks of industry speculation, Quebecor Printing and World Color Press signed a definitive merger agreement in which Quebecor will acquire all stock in the US $2.7 billion industry giant based here.
The acquisition is reportedly the largest in the history of the printing industry. Officials say the new combined company, to be known as Quebecor World Inc., will be the largest commercial printer in the world, serving customers in magazines, catalogs, books, retail inserts and circulars, and specialty/direct mail printing.
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