External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

Equity Bottom-Up

<ul><li>Yellow Corp. filed for Chapter 11 bankruptcy in August 2023 after a walkout by the Teamster union, leading to no workers or customers.</li><li>The company is now pursuing Chapter 11 liquidation with potential for significant returns for investors.</li><li>Recent progress in the case has de-risked the story, with the debtor's financial advisor expecting a recovery to the equity with values ranging from $3.26 to $29.72.</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

Yellow Corp. filed for Chapter 11 bankruptcy in August 2023 after a walkout by the Teamster union, leading to no workers or customers.The company is now pursuing Chapter 11 liquidation with potential for significant returns for investors.Recent progress in the case has de-risked the story, with the debtor's financial advisor expecting a recovery to the equity with values ranging from $3.26 to $29.72.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Yellow Corp (YELLQ) - Friday, Dec 22, 2023

United States

Yellow Corporation operates as a holding company. The Company, through its subsidiaries, offers supply-chain solutions and heavyweight shipments for the transportation of industrial, commercial, and retail goods, such as apparel, appliances, automotive parts, chemicals, food, furniture, glass, machinery, and metal.