The US Bankruptcy Court said on Friday that it would confirm Anacomp Inc’s reorganization plan upon submission of a formal confirmation order this week. This will clear the way for the way for the global information management company to emerge from Chapter 11. Anacomp filed for Chapter 11 in January and expects to officially emerge in about two weeks, at which time a new board of directors will take office. Shortly after that, the company plans to list newly-issued stock on NASDAQ. Old current and preferred stock will be exchanged for warrants to buy new common stock.
