Northwest Airlines (NWACQ.PK) Ready to Leave Bankruptcy, Pink Sheets
Northwest Airlines (Pink Sheets: NWACQ) is close to emerging from bankruptcy, and says that once it's on the other side, the company will start fresh - including making a bid to list on the New York Stock Exchange. The bad news? Investors holding NWACQ - Northwest's current stock - won't be benefiting from the move. The company announced Wednesday that, according to an early vote tally, its reorganization plan will likely be approved by creditors. "The unofficial vote tally indicates that 96.9 percent of the airline's creditors who voted, representing 98.4 percent of the dollar amount of the claims that…