Quebecor World Loses Contract; Selling Jet
The tire company decided to concentrate more of its energies to online marketing. An online version of the catalog will be available.
In other news, the Toronto Globe and Mail reported that Quebecor World has filed a motion in U.S. bankruptcy court seeking to exercise its option to terminate the lease on its corporate jet. The printer would then purchase the jet and sell it for a tidy profit. The paper said Quebecor World has received three offers from potential buyers within range of the plane’s appraised value of US$20.4 million.