Quebecor World Inc. is reviewing the terms of an unsolicited acquisition bid made by R.R. Donnelley & Sons. According to a statement from the Canadian printing firm, its board will be discussing the proposed transaction with its financial and legal advisors, as well as its major stakeholders.
In the meantime, the company will proceed with hearings on May 14 and May 15 in Canadian and U.S bankruptcy courts, respectively.
In announcing its bid, R.R. Donnelley said its bid offered Quebecor