Jack Cooper Louisville
Discussion in 'Car Hauler and Auto Carrier Trucking Forum' started by interpreter, May 15, 2019.
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Last edited: Aug 20, 2019
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To me the proposal seems like a loser no matter which way it goes. If it passes and the company gets bought out, it stays afloat but CSPF takes a major hit, one it can’t afford. If it doesn’t pass the company goes tits up.
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Cooper probably will live on being controlled by the hedge fund who owns most of their debt. That is the plan now with their employees pension contribution taking a big financial hit and funding future equipment purchases with some of that money. I don’t mind paying for a car carrier when I own it, but not just to drive it.Last edited: Aug 20, 2019
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