stock save company 3 times and wage concessions wasted copy from xodian IQ 129
The stock saved the company one more time!
When the preferred shares were issued to the ABL lenders for a future estimated $18.36 PPS for the exchange, a $400 million dollar loan!
Another group of sukars who got or will get burnt with YRCW shares.
Funny stuff you can't make this chit up.
JPM took 20 mil off the top for a service fee If YRCW shows any profit for the lenders, then they'll get attacked by the union at contract time, holy carp this is hilarious!
wage concessions were supposed to be temporary and a billion dollars in concessions later we're deeper in debt
Strike these mofos they're playing with oboma dollars to put us out