Motivated Vertis Fast Tracks Recapitalization

BALTIMORE—Vertis Holdings announced two significant milestones toward the completion of its recapitalization before the end of 2010. The company has secured overwhelming note holder support for its voluntary, pre-packaged Chapter 11 Plan of Reorganization, as well as court approval for all of its motions heard on Dec. 1, including authorization to move forward with its debt and equity financing arrangements.