hellow freight charges on the reissue of shares
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Forfeiture of shares refers to the cancelation of shares. Sometimes, shareholders may be unable to pay the money due on allotment or calls on the due date. In this case, the company may forfeit such shares. On forfeiture, the company extinguishes the title of such shareholder. It also forfeits the money received
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The Yellow Corporation, the nation's second-largest trucking company, will acquire the industry leader, the Roadway Corporation, the two companies said yesterday. The deal will create the Yellow-Roadway Corporation, a behemoth with more than $6 billion in annual sales.
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