Transport Topics (Aug. 17, 2023)
An affiliate of the investment firm Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by Apollo Global Management Inc. and other senior lenders to the bankrupt trucking firm, according to a person familiar with the matter. The deal comes as Yellow seeks to secure a bankruptcy loan to fund its liquidation.\nLearn more about your ad choices. Visit podcastchoices.com/adchoices