YRC Worldwide (YRCW) Announces Restructuring Plan
February 28, 2011 at 14:43 PM EST
YRC Worldwide Inc. (YRCW) announces that it had reached an agreement in principle, in the form of a non-binding term sheet, with certain of its key stakeholders providing for a comprehensive restructuring plan for the company. The term sheet was approved by those parties necessary to satisfy the “agreement in principle” condition in the company’s [...]