Laidlaw makes bid for Greyhound

Article Abstract:

Laidlaw Inc., an operator of school bus and ambulance based in Burlington, Ontario, has unveiled plans to buy Greyhound Lines Inc., a Dallas, TX-based company, for $650 million. The pending acquisition, which will give Laidlaw 2,500 coaches 12,500 employees and approximately C$900 million in revenue, is part of Laidlaw's plan to become the biggest intercity coach line in North America. Under the terms of the agreement, Greyhound Lines will no longer operate as an independent public company and its headquarters in Dallas will be phased out.

Comment:

Unveils plan to buy Greyhound Lines Inc, a Dallas, TX-based company, for $650 million

Asset sales & divestitures, Acquisitions & mergers, Foreign operations, Waste Management and Remediation Services, Pollution Control, Interurban and Rural Bus Transportation, Intercity Bus Lines, Laidlaw Inc., Greyhound Lines Inc.

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Bombardier executive jet approved

Article Abstract:

Montreal, Quebec-based Bombardier Inc., an aerospace firm, managed to satisfy the last important requirement in its efforts to deliver its Global Express product worldwide when it secured the endorsement of the US for the executive jet. The Global Express executive jet is a intercontinental Canadair-Regional-Jet-based aircraft that offers features, such as appointments and large capacity and size. Bombardier has so far received orders for 80 units of the C$37.5-million aircraft.

Comment:

Satisfies last vital requirement in efforts to deliver Global Express exec jet worldwide when it won US endorsement for the prod

Government regulation (cont), Aircraft Manufacturing, General Turbojet Aircraft, Bombardier Inc., Jet aircraft

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Harley-Davidson's great ride to the top

Article Abstract:

A look at the success of motorcycle company Harley-Davidson Inc. is presented.

Financial management, Finance, Motorcycle industry, Harley-Davidson Inc., HDI, Company financing

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