Yellow | XPO hedge by MFN

truckinus

TB Veteran
Credits
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"Some in the industry have speculated that MFN’s relatively cheap investment in Yellow is a hedge to protect a nearly $900 million investment it has in LTL competitor XPO"

 
Apollo choosing to snuff out the candle themselves would be a great tragic ending for this drama. I do think they were already at the top of the list to get paid as far as secured creditors go. They should be over 50% equity before the week is out, and then we'll get the straight dope on what this was all about.
 
Apollo choosing to snuff out the candle themselves would be a great tragic ending for this drama. I do think they were already at the top of the list to get paid as far as secured creditors go. They should be over 50% equity before the week is out, and then we'll get the straight dope on what this was all about.
It’s like a 5 for 1 deal like Zollars attempted to do at clearance pricing. Seems genius.
 
Apollo choosing to snuff out the candle themselves would be a great tragic ending for this drama. I do think they were already at the top of the list to get paid as far as secured creditors go. They should be over 50% equity before the week is out, and then we'll get the straight dope on what this was all about.
Shareholders should be over 55% MFN Partners and about 30% US Treasury. I'm waiting to see if the new Apollo money repays the government or not.
 
Yeah, they're going to feast off this. And not really have to throw any elbows to get it done.
With the increased cost of construction materials like cement, wood, etc. it would be nearly unaffordable to duplicate the real estate. A smart competitor would acquire the assets on the cheap and mothball them or simply use them for storage.
 
Apollo choosing to snuff out the candle themselves would be a great tragic ending for this drama. I do think they were already at the top of the list to get paid as far as secured creditors go. They should be over 50% equity before the week is out, and then we'll get the straight dope on what this was all about.
What if we don't want to wait that long??????
LOL
 
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