Donnelley aims to buy Quebecor World ...

Donnelley aims to buy Quebecor World assets for $1.35 billion

There are 219 comments on the Reuters story from May 13, 2009, titled Donnelley aims to buy Quebecor World assets for $1.35 billion. In it, Reuters reports that:

Printing services provider R.R. Donnelley & Sons Co said it offered to buy the assets and properties of Quebecor World for about $1.35 billion in a cash and stock deal to expand into Canada.

Join the discussion below, or Read more at Reuters.

guest 22

United States

#146 May 20, 2009
If rrd does acquire qw it does not have to acknowledge the union and any contract the union has with qw is null and void. The bottom line is rrd will hand pick the best performers that make the most profit and that are logistically positioned to benefit them. Only the strong and consistent plants will survive regardless of who owns them, because in the end qw will do the same to survive.
wondering employee

Sussex, WI

#150 May 20, 2009
Billy wrote:
<quoted text>
__________
Not until July 10th at the earliest, from what I've read in the court documents. After that, they have ninety days to remove "Quebecor" from our name, and up to a year before all of the signs, stationery, and documents have the new name.
Wouldn't it be interesting if the Péladeau family had intentions to buy back the company? Quebecor, Incorporated is (on paper, anyway) still our biggest shareholder ...
VERY INTERESTING BILLY...WHERE DID YOU FIND THAT INFO ABOUT THE NAME CHANGE REQUIREMENTS??

Since: Mar 09

Location hidden

#151 May 20, 2009
I'm not a bankruptcy expert by any means but doesn't it matter what the creditors want? If they accept the RRD deal doesn't really matter what QW wants does it? and that can certainly happen whenever they decide correct?
Sedgewick

Saint Paul, MN

#152 May 20, 2009
You may find the attached article of interest:

Public Figures and Mental Illness (including Pierre Peladeau)

In addition, the Forbes article 'Angry Son' is a facinating read concerning PP Junior's "style."

http://www.eddyelmer.com/pagestart.html...

Condon, B.(1999, April 19). Angry son. Forbes, 163 (8), pp. 108-112.
tough all over

Houston, TX

#153 May 20, 2009
donnelley offer refused. get ready to kick some ass!
QWC

Clarksville, TN

#154 May 20, 2009
Below is the site with all of the bankruptcy info.

http://www.donlinrecano.com/cases/caseinfo.as...
wondering employee

Sussex, WI

#155 May 20, 2009
tough all over wrote:
donnelley offer refused. get ready to kick some ass!
where is that info coming from?
Billy

Naperville, IL

#156 May 20, 2009
tough all over wrote:
donnelley offer refused. get ready to kick some ass!
__________

It's not June 18th yet.
Billy

Naperville, IL

#157 May 20, 2009
Sedgewick wrote:
You may find the attached article of interest:
Public Figures and Mental Illness (including Pierre Peladeau)
In addition, the Forbes article 'Angry Son' is a facinating read concerning PP Junior's "style."
http://www.eddyelmer.com/pagestart.html...
Condon, B.(1999, April 19). Angry son. Forbes, 163 (8), pp. 108-112.
__________

That article refers to the late Pierre Péladeau - the father of Érik and Pierre Karl.
Billy

Naperville, IL

#158 May 20, 2009
Just for the hell of it, I checked the Quebecor, Incorporated's web site. Don't be shy - click on the link below.

http://www.quebecor.com/Quebecor/2000.aspx

Here's what's written about "Our Commercial Printing Subsidiary."

Our commercial printing subsidiary, Quebecor World, continues to expand its international network of printing plants. Quebecor World has moved into digital technology and has created a new subsidiary to operate all its digital and pre-media services. Quebecor World is also developing an electronic supply platform for all its business centres; the resulting economies of scale will be passed on to customers. The Company has a global organization, culture and vision. With the construction of its new printshop in Recife, Brazil, Quebecor has operations in six Latin American countries. It is winning major long-term contracts in Latin America for the printing of magazines, books and directories.

With the acquisition of the printing assets of Hachette Filipacchi Médias in 2002, Quebecor World has expanded its presence in European markets and moved into a new country, Belgium. In 2005, Quebecor World launched a major retooling and modernization program across its North American and European manufacturing platforms.
imprimerie

Montréal, Canada

#159 May 20, 2009
lol = twit
RumorControl

Portage, IN

#160 May 20, 2009
guest 22 wrote:
If rrd does acquire qw it does not have to acknowledge the union and any contract the union has with qw is null and void. The bottom line is rrd will hand pick the best performers that make the most profit and that are logistically positioned to benefit them. Only the strong and consistent plants will survive regardless of who owns them, because in the end qw will do the same to survive.
What planet are you on??
FR8 Broker

United States

#161 May 20, 2009
qww24 wrote:
I'm not a bankruptcy expert by any means but doesn't it matter what the creditors want? If they accept the RRD deal doesn't really matter what QW wants does it? and that can certainly happen whenever they decide correct?
Can't say too much, or I'll give away my ID =). However, the Company is in the hands of the Creditors Committee basically. Whatever the creditors say, I believe will happen.

That's why if QW emerges, say bye bye to Jacque Cousteau and the explorers - they will all be gone (this is why he took the bonus folks). The creditors would decide who runs the show and it won't be the CFO turned CEO that guided the financial disaster (even though Wes got blamed).

If the RRD deal is superior to the QW deal, then get ready to move down the street in Bolingbrook, because that's where you will work.

How about this? How ironic is it that Wesley leaves right before BK and then becomes CEO of a Chicago company that just emerged from BK???
bored silly

Scarborough, Canada

#162 May 20, 2009
lol wrote:
let him buy that communist hockey team he wants to...and dont let him one step outta that country onto CANADIAN soil again...
you must be a ''Hill'' clown ...
tonto

Saint-laurent, Canada

#163 May 20, 2009
He's an Aurora clown!!
WAKE UP

AOL

#165 May 21, 2009
Thw QW leeches are going to milk this as long as they can,the more quarters they stall, the more bonuses they can give themselves while the idiotic judges keep approving these millions...RRD will buy ....close up more shops...keep the beter locations and the better equipment, get rid of sales people to eliminate duplication. Unfortunatly....RRD has enough stupid QW former employees in high positions, who continue to give jobs to friends, not because they are qualified, worthy, or know anything about printing, but because they have to keep the good ole boys clubs together. Meanwhile, the workers who give more blood, sweat and tears than they should, will be the ones who will suffer, lose there jobs, and join tghe unemployment lines.PK and his Canadian cronies, who put QW on this road to failure, should all choke on their caviar....sooner rather than later!
old fart

AOL

#166 May 21, 2009
imprimerie wrote:
lol = twit
whats the point billy?
ink monkey

Gillespie, IL

#167 May 22, 2009
QW management claims to have "rejected" the RRD offer -- but I think it's the creditors whose opinions matter on this. Even if QW emerges from their bankruptcy anytime in the near future, aren't they still going to be saddled with monumental debt -- isn't all the money they are promising the creditors coming from yet another loan ("exit financing," I believe they called it...)?

I think the other shoe is still yet to drop. The 10% pay cut and vacation take-backs are identical to the ones instituted by Vertis some time ago...

That *could* just be a coincidence, though.
Billy

Naperville, IL

#168 May 22, 2009
WAKE UP wrote:
Thw QW leeches are going to milk this as long as they can,the more quarters they stall, the more bonuses they can give themselves while the idiotic judges keep approving these millions...RRD will buy ....close up more shops...keep the beter locations and the better equipment, get rid of sales people to eliminate duplication. Unfortunatly....RRD has enough stupid QW former employees in high positions, who continue to give jobs to friends, not because they are qualified, worthy, or know anything about printing, but because they have to keep the good ole boys clubs together. Meanwhile, the workers who give more blood, sweat and tears than they should, will be the ones who will suffer, lose there jobs, and join tghe unemployment lines.PK and his Canadian cronies, who put QW on this road to failure, should all choke on their caviar....sooner rather than later!
__________

I agree a hundred per cent with what you've written, but it must also be said that the people who REALLY put us on the road to ruin are those who ran our PRIOR companies into the ground and/or simply solds our souls to the devils.

WF HALL
WA KRUEGER
CROSSROADS PRESS (WORLD COLOR)
ALCO GRAVURE
PROVIDENCE GRAVURE
GREAT WESTERN
PENDELL
MIDSOUTH
HOLIDAY PRESS
DITTLER
DIVERSIFIED PRINTING
KABLE
PETTY
GREATER BUFFALO
ARCATA
JOHNSON AND HARDIN
INFINITI
ALDEN
FEATHER
RETAIL PRINTING CORPORATION
CENTURY GRAPHICS
EUSEY
BROWN (WILLIAM C. AND THE KENTUCKY PLANT OF BROWN PRINTING)
NADCO
DOWNEY

I could go on and on, but you get the picture. Once-thriving printing plants which no longer thrive - or in some cases, even exist.
spock

Markham, Canada

#169 May 22, 2009
ink monkey wrote:
QW management claims to have "rejected" the RRD offer -- but I think it's the creditors whose opinions matter on this. Even if QW emerges from their bankruptcy anytime in the near future, aren't they still going to be saddled with monumental debt -- isn't all the money they are promising the creditors coming from yet another loan ("exit financing," I believe they called it...)?
I think the other shoe is still yet to drop. The 10% pay cut and vacation take-backs are identical to the ones instituted by Vertis some time ago...
That *could* just be a coincidence, though.
yes its called exit financing and yes it will be a large loan

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