Yellow, Roadway deal on track
Nov 18, 2003 12:00 PM
Yellow and Roadway are each scheduled to hold special stockholder meetings on Dec. 9 to consider approval of their merger now that the 90-day waiting period for the Justice Department Antitrust Division’s review expired today without the government taking action. Assuming that stockholders approve, the $966-million Yellow purchase of Roadway could close as early as Dec. 11, Yellow officials said.
