bullish

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

349 Views23 Mar 2024 05:44
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SUMMARY
  • 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.

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  • Yellow Corp (YELLQ) - Friday, Dec 22, 2023
    23 Mar 2024
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