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Trucking firm Yellow delays request to approve $142.5 million bankruptcy loan By Reuters

by Index Investing News
August 9, 2023
in Stocks
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© Reuters. FILE PHOTO: Semi truck trailers are pictured at freight trucking company Yellow’s terminal near the Otay Mesa border crossing between the U.S. and Mexico in San Diego, California, U.S., August 7, 2023 after the company filed for bankruptcy protection.

NEW YORK (Reuters) – Bankrupt trucking company Yellow Corp will not seek court approval to borrow $142.5 million from private equity firm Apollo Global Management (NYSE:) at a Wednesday court hearing, instead choosing to delaying its request to a future court date.



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