"For Grace, a Long Road Out of Bankruptcy Court"

"Chemical maker W.R. Grace & Co. is about to go where it hasn't been for nearly 13 years: out of bankruptcy."

"The Chapter 11 case, one of the longest on record, got underway as the Columbia-based company faced more than 100,000 asbestos-related claims. Now, after negotiations, settlements and numerous appeals, Grace said it is finally on the brink of emerging from court protection — possibly as soon as Monday.

In between, Grace agreed to pay all creditors in full, acquired more than two dozen companies and pushed its stock from $1.52 a share to more than $90."

Jamie Smith Hopkins reports for the Baltimore Sun February 1, 2014.

Source: Baltimore Sun, 02/03/2014