Printer Friendly

QUEBECOR ANNOUNCES FILING OF A FINAL SHORT FORM PROSPECTUS ISSUE OF 3,000,000 CLASS B SUBORDINATE VOTING SHARES

    QUEBECOR ANNOUNCES FILING OF A FINAL SHORT FORM PROSPECTUS
      ISSUE OF 3,000,000 CLASS B SUBORDINATE VOTING SHARES
    MONTREAL, Nov. 12 /PRNewswire/ -- Quebecor Inc. announced that it has filed its final short form prospectus dated Nov. 12, 1991 with the Commission des valeurs mobilieres du Quebec and shall file it shortly with similar regulatory authorities in Canada, in respect of an issue of 3,000,000 Class B subordinate voting shares at a price of $20.30 per share.
    The company has obtained an advance income tax ruling confirming that the Class B subordinate voting shares will qualify for inclusion in a Quebec stock savings plan under the provisions of the Taxation Act (Quebec) and will enable the holders thereof to a deduction equal to 50 percent of their acquisition cost if certain conditions are met.
    The offering shall be made through an underwriting syndicate led by ScotiaMcLeod Inc. and including Nesbitt Thomson Limited, Levesque Beaubien Geoffrion Inc., RBC Dominion Securities Ltd. and Sanwa McCarthy Securities Limited.
    Quebecor Inc., a continent wide communications company, is active in the publishing sector with 4 dailies, 50 weeklies, 7 monthlies, 11 magazines and numerous specials as well as books.  It is also involved in publications and records distribution and retail.  With its 56 printing and specialized plants across Canada and the United States, the company is the second largest commercial printer in North America. Through its subsidiary Mircor Inc., its activities also comprise forest products.
   -0-                       11/12/91
   /CONTACT:  Franois R. Roy, vice president-finance and treasurer of Quebecor, 514-877-9777/ CO:  Quebecor Inc. ST:  Quebec IN:  PUB SU:  OFR JT -- NY098 -- 3692 11/12/91 18:27 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 12, 1991
Words:276
Previous Article:POLIFLY FINANCIAL COMMENTS ON OTS, FDIC EVALUATION OF APPRAISALS
Next Article:VENTURE STORES INC. REPORTS THIRD QUARTER EARNINGS PER SHARE OF $0.32
Topics:


Related Articles
QUEBECOR ANNOUNCES FILING OF A PRELIMINARY SHORT FORM PROSPECTUS, ISSUE OF 3,000,000 CLASS B SUBORDINATE VOTING SHARES
QUEBECOR ANNOUNCES SUCCESSFUL COMPLETION OF THE PUBLIC OFFERING OF CLASS B SUBORDINATE VOTING SHARES
QUEBECOR PURCHASES THE PARTICIPATION THAT M.G.N. INVESTMENTS (CANADA) HELD IN QUEBECOR PRINTING INC.
QUEBECOR REACHES AN AGREEMENT WITH AN UNDERWRITER TO ISSUE 2 MILLION UNITS
QUEBECOR IS CONSIDERING AN INITIAL PUBLIC OFFERING BY ITS SUBSIDIARY QUEBECOR PRINTING
QUEBECOR -- NEW ISSUE OF $54,600,000; FILING OF A PRELIMINARY SHORT FORM PROSPECTUS; ISSUE OF 2,100,000 UNITS AT THE PRICE OF $26.00 PER UNIT
MAGNA INTERNATIONAL FILES SHORT FORM FINAL PROSPECTUS WITH ONTARIO SECURITIES COMMISSION
QUEBECOR FILES FINAL SHORT FORM PROSPECTUS ISSUE
QUEBECOR ANNOUNCES CLOSING OF PUBLIC OFFERING OF CLASS B SUBORDINATE SHARES AND CLASS B SUBORDINATE SHARE WARRANTS
QUEBECOR SEPARATES CLASS B SUBORDINATE VOTING SHARES, CLASS B SUBORDINATE VOTING SHARE WARRANTS ISSUED IN THE FORM OF UNITS

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters