Monday, May 02, 2005

Yellow Roadway and USF Increase Cash Component of Transaction

OVERLAND PARK, Kan. and CHICAGO, May 2 /PRNewswire-FirstCall/ -- Yellow Roadway Corporation (Nasdaq: YELL - News) and USF Corporation (Nasdaq: USFC - News) today announced amended deal terms for the Yellow Roadway acquisition of USF, whereby USF shareholders will receive approximately 65% cash and 35% Yellow Roadway stock in exchange for their USF shares. Originally, the transaction was structured as approximately 50% cash and 50% stock. Full story here

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