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Re: topdowg11 post# 23154

Sunday, 09/27/2015 11:21:49 PM

Sunday, September 27, 2015 11:21:49 PM

Post# of 24405
I read something today about YRC selling a regional indeed but can't find it anymore. Why would they do that ? If they do they make themselves very vulnerable for a takeover. YRC does not want to be taken over. One of the steps to avoid that is the change of control to the board in case of a hostile takeover, to buy a competitor or to raise the debt. Looks like they are trying to fence off a hostile attack. 500 million is a bargain for this company let's see what will happen this week.