Year in Review--A Torrent of M&A
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The biggest news story of the year was one just about everybody saw coming. Just after mid-year, following weeks of industry speculation, Quebecor Printing and World Color Press signed a deal in which Quebecor acquired all stock in the US$2.7 billion industry giant based in Greenwich, CT.
The acquisition was the largest in the history of the printing industry, and the newly combined company, Quebecor World, is now the largest commercial printer in the world.
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