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0 0.000517531375339527 0.000646914219174501 -0.000646914219174501 -0.00866865053693882 -0.00753655065338331 -0.00284642256436795 -0.00116444559451421
Stock impact report

Yellow, Creditors Agree on Bankruptcy Plan, Key Shareholder Holds Out [Yahoo! Finance]

TFI International Inc. Common Shares (TFII) 
Company Research Source: Yahoo! Finance
But while that deal has the support of Yellow's creditors' committee, it still does not have the backing of the firm's largest shareholder. More from Sourcing Journal Chain Reaction: DAT Freight & Analytics' Dr. Chris Caplice on Taking a 'Balanced Approach' to Transportation Procurement Trucking Lobby Warns De Minimis Changes Would Bring 'Steep Learning Curve' to Logistics Firms Yellow's New Bankruptcy Proposal Hangs $550 Million in the Balance The joint Chapter 11 plan, filed in Delaware, details a settlement structure that would substantially reduce the billions in claim amounts asserted against Yellow's estate by multiple pension funds. It also establishes that unsecured creditors will recover within a range of 12 to 17 percent of their original claims. The range is narrowed from the prior plan, which would have recovered the lenders anywhere from none of the claims to 26 percent. The pension funds' liability claims now add up to $3.3 billion, with the firms expected t Show less Read more
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