In a significant move, Ken Griffin’s Citadel affiliate has successfully acquired around $485 million of debt previously held by Apollo Global Management Inc. and other major lenders of bankrupt trucking firm Yellow Corp.
![Bold Move: Citadel's Acquisition of Yellow Corp's Debt, Influencing Bankruptcy Loan Plans. Photo: Beth Anderson / Shutterstock](https://krugmaninsights.com/wp-content/uploads/2023/08/Untitled-design-72-1-1024x576.jpg)
In a significant move, Ken Griffin’s Citadel affiliate has successfully acquired around $485 million of debt previously held by Apollo Global Management Inc. and other major lenders of bankrupt trucking firm Yellow Corp.
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