Quebecor Officials Feed Acquisition Rumors
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Charles Cavell, president and chief executive, told reporters the group is looking over "a buffet table of opportunities filled with things that we can do." It can do them because of new debt refinancing that gives it access to US$1 billion of new bank credit.
When directly asked if Quebecor could manage a $1 billion acquisition, Cavell replied: "Could we? Yes we could. Will we? Time will tell."
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