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The full headline is "In unusual deal, U.S. Treasury to acquire 30 percent of trucking company in exchange for $700 million loan" I wonder if a better title w
by MikeTheGreat 6y ago
The full headline is
"In unusual deal, U.S. Treasury to acquire 30 percent of trucking company in exchange for $700 million loan"
I wonder if a better title would be
"Treasury to acquire 30% of 120M company in exchange for 700M loan"
- MikeTheGreat 6y agoActually - I can't find where the 120M figure was obtained from. Does anyone else know where that number in the title came from?
- magneticnorth 6y agoGood question, maybe the article link changed? This article talks about the company's valuation: only $70 million as of Tuesday's close, but up a lot today after this news. https://www.cnn.com/2020/07/01/business/yrc-federal-loan/index.html https://www.cnn.com/2020/07/01/business/yrc-federal-loan/ind...
- sunstone 6y agoWell that's disappointing. I was expecting it to be a Trump Casino in Atlantic City.