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Yellow Media Inc. logo is shown at the company's quarterly results meeting in Montreal, Thursday, May 6, 2010.
Yellow Media Inc. logo is shown at the company's quarterly results meeting in Montreal, Thursday, May 6, 2010.
(Graham Hughes/THE CANADIAN PRESS)

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Final Yellow Media restructuring plan much easier to swallow

The Quebec Superior Court has granted Yellow Media Inc. its final stamp of approval for the media company’s restructuring plans, ending a five month bargaining process in which bank lenders, bondholders and convertible debenture holders squared off against each other.

Throughout these negotiations, the recapitalization plan was altered numerous times, and the final blueprint, to be implemented this week, now looks vastly different than the one proposed way back in July.