10:26 AM EST - Quebecor World Inc. : shares plunged 23.4 percent after the struggling commercial printing giant said Monday it has accepted a $400-million rescue financing proposal as it is ''in the best interests of the company and its stakeholders.'' Quebecor World said the bid, submitted jointly by Quebecor Inc. and Tricap Partners Ltd., a private equity fund managed by Brookfield Asset Management Inc., was accepted by a special committee composed of independent directors. Quebecor World Inc.
shares T.IQW are trading sank 19 cents at $0.62.