Quebecor World Signs Pact, Moving Forward
MONTREAL—Quebecor World has signed a multi-year contract valued at approximately $100 million with Boardroom Inc., to provide the printing and distribution of millions of newsletters, books and special reports. The agreement with the Stamford, CT-based Boardroom represents a more than six-fold increase in Quebecor World business volume with the company.
In an unrelated move, Quebecor World filed a proposed Plan of Reorganization and Disclosure Statement with the U.S. Bankruptcy Court. The hearing on the approval of the Disclosure Statement, which will form the basis on which creditors will vote on the Plan of Reorganization, is scheduled to be held before the U.S. Bankruptcy Court on May 15. The company expects to emerge from creditor protection by mid-July.