Quebecor World Exits Bankruptcy Protection

In accordance with the terms of the reorganization plans, the initial distribution to creditors and the listing and trading of the common shares, Series I warrants and Series II warrants on the Toronto Stock Exchange, was expected to take place within 30 days.

It was a spring of whirlwind activity for the formerly insolvent book and publication specialist. The company resisted a takeover bid by RR Donnelley (RRD), which culminated with a June 8 final offer of $1.56 billion. Two days later, unable to woo Quebecor World’s creditors with the cash and stock offer, RRD stepped aside.