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Bankrupt Yellow sees Old Dominion top Estes Express as lead stalking horse bidder

August 22, 2023 by Russell Gray

Old Dominion's stalking horse bid of $1.5 billion for Yellow's real estate assets bests that of Estes Express, which came in at $1.3 billion. That bid would more than cover the approximately $1.3 billion in Yellow debt that matures next year.

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