YELLOW DISTRIBUTES SHARES OF SCS TRANSPORTATION
Yellow Corp. on Monday completed 100-percent distribution of SCS Transportation Inc. to Yellow Shareholders.
SCST shares have been distributed to Yellow shareholders on the basis of one SCST share for every two Yellow shares held on the record date of Sept. 3.
Yellow shares on Oct. 1 began trading on the Nasdaq National Market under the symbol, “YELL,” with the value for SCST shares removed. On the same date, SCS Transportation began trading as a separate entity on the Nasdaq National Market under the symbol, “SCST.”