ANSI or not to ANSI
ANSI codes in the terminal allow simply color attributes to be applied to things like log files. Asterisk is a good example which highlights various log file data with colours, but when you're opening this in a text editor that's not ansi aware (most of them) then you'll see a bunch of ^[ and other code.
Stripping this is fairly easy and we'll do it with sed…
cat yourlogfile.log |sed -e 's/\x1b\[[0-9;]*m//g' > newlogfile.log
Here we're taking the encoded logfile, passing it through sed which will strip out the ANSI codes, and then putting it back in a new log file.
Effectively we're looking for ^[ followed by digits to ]*m and replacing that with nothing.