QW-RRD Nonstarter Offers No Fodder for Tabloid

Well, so much for the back-and-forth melodrama promised by a protracted tug of war between RR Donnelley and Quebecor World (or perhaps soon to be Novink). The assumption was that Donnelley’s offer would have been enough enticement for the creditors to push for getting their money sooner than later. The assumption was incorrect. Apparently, the Quebecor World creditors weren’t fanning themselves or feeling even nearly faint at the thought of $1.5 billion in cash and stock.