Abitibi, Quebecor proxy fight looms

Article Abstract:

Abitibi-Consolidated Inc., the worlds biggest newsprint maker, has refused Quebecor Inc.'s demand for the ouster its chief executive officer John Weaver. Former prime-minister Brian Mulroney who is on Quebecor Inc.'s board has been asked to broker a compromise to prevent a proxy fight.

Stockholder data, Management, Brief Article, Negotiation, mediation and arbitration, Investor relations, Proxy, Weaver, John, Mulroney, Brian

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Executive change at Abitibi expected

Article Abstract:

Montreal, Canada-based Abitibi-Consolidated Inc., which is the largest maker of newsprint in the world, may undergo a management shakeup. The paper maker, which has suffered from declining share value, may fire chairman Michel Desbiens.

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Key Quebecor board member resigns

Article Abstract:

Quebecor Inc board member Michel Desbiens has resigned from the board of Abitibi-Consolidated due to a compromise agreement arrived at between Quebecor and Abitibi. Abitibi acquired Donohue Inc where Desbiens was CEO-president.

LUMBER AND WOOD PRODUCTS, Wood & Wood Products, Wood Product Manufacturing, Forest products industry, Donohue Inc.

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