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  • YRC Worldwide: Trucking in Trouble [View article]
    The stock dropped today due to the terms of the debt exchange, not chapter 11 worries. The debt exchange would hand over 95% of the company to the bondholders. This is obviously not good for the common stock. However, still better than chapter 11 which will make the common worthless.
    Nov 02 16:53 pm |Rating: +1 0 |Link to Comment
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