The bid by a smaller rival sets the floor for the sale price of Yellow's real estate assets out of bankruptcy. During a court proceeding on Thursday, Yellow also revealed the two players behind its bankruptcy financing.Estes Express sets $1.3B floor in Yellow bankruptcy real estate asset sale
The bid by a smaller rival sets the floor for the sale price of Yellow's real estate assets out of bankruptcy. During a court proceeding on Thursday, Yellow also revealed the two players behind its bankruptcy financing.
An agreement with bondholders required Canadian Pacific Kansas City to redeem bonds — issued to support the merger that created the railroad — if the deal did not become "effective" by a certain date. Federal litigation will determine which of two dates contemplated by regulators constitutes an "effective" date for the combination.
The NFL distributed its annual shares for the league's national TV revenue, most of which comes from its broadcast contracts. The deals to air games will find another gear for the 2023 season, which gives the Chiefs something to look forward to after their Super Bowl LVIII victory.
The $1.5 billion-asset foundation's grant will help North Kansas City Hospital provide telehealth services in three key areas for Northwest Missouri's Harrison County Community Hospital.
With $1.3 billion in debt maturing next year — and the cascading business and union challenges it has created — Yellow Corp. says it is in talks with "multiple interested parties" to offload its third-party logistics unit.