FW: Yellow’s Chapter 11 plan includes rights offering, REIT
FREIGHTWAVES reports: A final Chapter 11 plan to liquidate Yellow’s remaining assets could include a reorganization ...
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Amusing, if you are not a YELL employee.
Coming after you
After our ’Stall warning – tick-tock, tick-tock’ coverage on Monday, 26 June*, it didn’t take long for Yellow Corp (YELL) to be in the news again.
(*And this one before that.)
The exit strategy now to secure liquidity (via its lenders’ backing) without which, in all fairness, bankruptcy stands out as a base case?
Read it yourself, YELL:
“The nation’s third largest less than truckload (LTL) carrier and fifth largest transportation company, has filed a ...
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