The Minneapolis Star-Tribune, which filed for bankruptcy in January, expects to exit from Chapter 11 by the fall, the paper reported (via Reuters). Creditors who hold about $384 million of the Star-Trib’s secured debt, as well as $96 million in unsecured obligations, have approved the publisher’s plan. Under the Star-Trib’s proposal, the company would come out of Chapter 11 with $100 million in debt and would be worth $118-$144 million, which includes the value of its real estate. In addition, current publisher and chairman Chris Harte, whose family is one of the owners of the paper, will leave the company before it completes the bankruptcy process. More after the jump