Yellow | SEC Filing

LEHIGH vALLEY

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Did I read this filing correctly? The BOD of yrcw is adding a panel to help "advise" the Board on how to deal with the Teamsters contract in 2019.
HUH?
I guess listening to Lamar and the Boys just ain't gonna cut it!
 
Link or Quote?

From the 8-K filing...
http://investors.yrcw.com/secfiling.cfm?filingid=1193125-18-152743&CIK=716006
...
Item 8.01 Other Events
On May 1, 2018, the Board of Directors (the “Board”) of YRC Worldwide Inc. (the “Company”) approved the formation of two new special committees of the Board.

The key words here are "...of the Board."

Special committees are usually independent and disinterested directors so as to be more objective in their tasks.
 
From the 8-K filing...
http://investors.yrcw.com/secfiling.cfm?filingid=1193125-18-152743&CIK=716006
...
Item 8.01 Other Events
On May 1, 2018, the Board of Directors (the “Board”) of YRC Worldwide Inc. (the “Company”) approved the formation of two new special committees of the Board.

The key words here are "...of the Board."

Special committees are usually independent and disinterested directors so as to be more objective in their tasks.
Hopefully so!
 
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