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Merrill Lynch Credit Products buys $3 million claim against Quebecor World
By Jennifer Lanning Drey
Portland, Ore., March 10 - Merrill Lynch Credit Products, LLC bought a $3 million claim against Quebecor World Inc. from International Paper Co., according to a Monday filing with the U.S. Bankruptcy Court for the Southern District of New York.
Quebecor, a Montreal-based printing and marketing company, filed for Chapter 11 bankruptcy on Jan. 21 and filed for protection under the Companies' Creditors Arrangement Act in Canada. Its Chapter 11 case number is 08-10152.
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