Quebecor World Continues to Flounder

In a release, the company said it “continues to work with Quebecor Inc. and Tricap Partners Ltd. on the rescue financing plan and believes that satisfaction of the conditions of such initiative would be in the best interests of the company and all its stakeholders.” However, it also warned, “There is no assurance all the consents and approvals to the completion of the rescue financing initiative will be received on a timely basis.”