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Cyrus Capital Ups Stake in YRC Worldwide to 11%

Cyrus Capital, YRC Worldwide: In a recent filing with the SEC, Cyrus Capital Partners, managed by Stephen C. Freidheim, reported increasing its activist position in YRC Worldwide, Inc. (NASDAQ:YRCW). Cyrus now holds 1.33 million shares of YRC, worth $19.70 at the current share price of the company. The stake represents 11% of all outstanding shares. In its latest 13F, Cyrus mentioned ownership of 527,068 shares of YRC Worldwide.

YRC Worldwide, Inc. (NASDAQ:YRCW)

Disclosure: none

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