Quebecor World -- Back on Top of Its World

o Unable to sell its European assets, Quebecor World files for creditor protection in the United States and Canada. The firm receives $1 billion in new financing from Credit Suisse and Morgan Stanley. A (C)$400 million rescue financing proposal from Quebecor Inc. and private equity fund Tricap Partners is terminated after failing to get approval from Quebecor World’s creditors.