Kansas City Star: YRC deal erases millions in debt

January 4, 2009: YRC Worldwide Inc. and its employees finally have reason to cheer this New Year's holiday, although the trucking giant still faces challenges.

After multiple deadline extensions, the company wrapped up its much-delayed financial restructuring Thursday and averted a likely bankruptcy. It still faces its seasonally slow winter and unresolved debt payments a few months away.

Click here to read the full article from the Kansas City Star, at istockanalyst.com.


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