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robblob

09/05/13 10:49 AM

#254 RE: STOCKSEEK #253

Just to be clear, are you saying that YRC is going to acquire ABF very soon? If so, what makes you think this? What makes you think YRC has the buying power to do this? You do know that they currently have over $1 bil in debt right? They also currently have a 15% wage concession that will elminate the small margin of profit that is/will be made when their current contract expires. Also, word on the street is YRC is already working with the IBT to get a contract extension. I have a feeling that will go over like a lead balloon with YRC drivers. I see a pretty nasty contract negotiating period in their near future.

driller4oil

09/14/13 8:43 AM

#258 RE: STOCKSEEK #253

Sorry to inform you. I do know exactly what I'm talking about.