COURT EXPECTED TO OK ALMACS PLAN

UTICA, N.Y. -- Victory Holdings here, parent of Victory Markets, expects the U.S. Bankruptcy Court in Providence to confirm the reorganization plan for Almacs, East Providence, R.I., at a hearing today.macs' secured and unsecured creditors and other interested parties. According to a Victory spokesman, "We expect the vote to be close, but we are hopeful it will favor the reorganization."Besides voting

UTICA, N.Y. -- Victory Holdings here, parent of Victory Markets, expects the U.S. Bankruptcy Court in Providence to confirm the reorganization plan for Almacs, East Providence, R.I., at a hearing today.

macs' secured and unsecured creditors and other interested parties. According to a Victory spokesman, "We expect the vote to be close, but we are hopeful it will favor the reorganization."

Besides voting on whether to approve the acquisition of Almacs by Victory, the creditors

Register to view the full article