🎣 Warrants Served
Plus, a Chicago-based freight broker boasts about making $215k in one day, Lineage Logistics hits it big with an $18 billion IPO, the latest on the Ocean's 11-style freight heist, and more.
Yellow sought bankruptcy court to tackle its pension fund claims to avoid arbitration. Meanwhile, the Teamsters fended off Yellow's breach of contract accusation earlier this week.
The auction, drawing interest from carriers and real estate investors alike, saw 130 of Yellow’s properties sold, with 46 owned and additional leased properties still on the market.
Yellow shares soar following MFN Partners' 42.5% stake accumulation despite looming bankruptcy concerns.
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