Fallen or Phoenix: Will Yellow Trucking Rise Again?
A Billion-Dollar Bid Rejected Recently, a group of investors, led by Sarah Riggs Amico, faced a significant hurdle when their billion-dollar bid to rescue Yellow was rejected. The proposal included restructuring a substantial CARES Act loan, but the U.S. Treasury, bound by regulations and past administrative decisions, could not comply. Despite this, the investors remain…
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