Aug 15 (Reuters) - Apollo Global Management (APO.N), opens new tab is selling off a $500 million term loan given to Yellow Corp (YELL.O), opens new tab and dropping plans to extend financing to ...

Shares of Yellow were up 78% at $3.14 in afternoon trade. The U.S. asset manager, which owns most of one of Yellow's term loans, is well-positioned to provide backing and is finalizing a deal to ...

Prior to filing for court protection, Yellow ranked No. 13 on the Transport Topics Top 100 list of the largest for-hire carriers in North America. About 2,000 of the tractors were bought with $400 ...