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YRC Worldwide Inc. Message Board

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  • picker.bottom picker.bottom Aug 16, 2010 12:04 AM Flag

    Takeover Firm BlackRock bought 53 MM YRCW shares Per CNBC


    Like it or not... the bashers were right about the bondies bailing and taking their stake out of the company! Most of these Institution were ex-bond holders and they took their money and ran.

    Some hedge funds like Private & Appaloosa did hold on to a significant chunk!

    The real question is who is holding most of the shares now? If the bondies sold most of their stake... why the F are they on the board?

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