Quebecor buys the QMJHL's Remparts:

QUEBEC - Quebecor Inc. has called a news conference for this afternoon amid reports the media conglomerate has bought the Quebec Remparts.

The Remparts play in the Quebec Major Junior Hockey League and are currently owned by various businessmen as well as Colorado Avalanche coach Patrick Roy.

Quebecor (TSX:QBR.B) currently owns 70 per cent of the QMJHL's Blainville-Boisbriand Armada and may have to sell off that stake in the Montreal-area team in order to purchase the Remparts, who play in Quebec City.

The company has acquired the naming rights to an arena currently being built in the city. Quebecor Arena is scheduled to open late next year and the media giant is keen on landing an NHL franchise in the not-too-distant future.

Quebecor CEO Pierre Dion is holding a news conference at 2 p.m. today in Quebec City.