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Yellow Corporation

In the Yellow Corporation bankruptcy proceeding, the court names financing lenders. Hedge funds Citadel and MFN Partners will together provide $142.5 million in debtor-in-possession (DIP) financing, which will give Yellow’s estate the funds necessary to liquidate assets.

Sources:  Reuters


Changes

  1. In the Yellow bankruptcy proceeding, the court names financing lenders. Hedge funds Citadel and MFN Partners will together provide $142.5 million in debtor-in-possession (DIP) financing, which will give Yellow’s estate the funds necessary to liquidate assets.
  2. In the Yellow Corporation bankruptcy proceeding, the court names financing lenders. Hedge funds Citadel and MFN Partners will together provide $142.5 million in debtor-in-possession (DIP) financing, which will give Yellow’s estate the funds necessary to liquidate assets.