Yellow | Auto Hauler Jack Cooper About To File Bankruptcy But Reorganize: Teamsters

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I dont understand why a company thats doing ok buys a company thats troubled, is it to get the accounts? Some equipment ? Terminals/property ?
Accounts and equipment BUT Allied/PTS stuff was worn out long before Cooper took them over. plus a lot of debt
 
A buddy of mine had to do a road service repair for a Jack Cooper trailer this morning. Paperwork took three times as long as the repair. No one wanted to decide who to bill...
Alot of the vendors are cash /comck/t-check only for them, they still maybe using their fuel and motel cards yet.
 
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