Abitibi ends bitter board battle

Article Abstract:

A compromise has been reached in regard to the management of Abitibi Consolidated Inc. Pierre Karl Peladeau, CEO of Quebecor, had tried to oust John Weaver, president of Abitibi. Weaver retained his position; but Peladeau, whose company owns an 11% stake in Abitibi, was appointed vice-chairman.

United States, Financial management, Statistical Data Included

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Abitibi warns of securities law breach

Article Abstract:

Montreal, Quebec-based Quebecor Inc. is attempting to force a management shakeup at Montreal, Quebec-based Abitibi-Consolidated Inc. Quebecor, which has three seats on Abitibi's board of directors, wants to fire Abitibi's CEO.

Executive changes & profiles, Officials and employees, Appointments, resignations and dismissals

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Abitibi to shut Eastern mills for three weeks

Article Abstract:

Montreal, Quebec-based Abitibi-Consolidated Inc., which is a paper producer, will temprarily close 15 mills in Eastern Canada. The decision, which affects about 1,700 workers, was forced by unfavorable market conditions.

Plant shutdown

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